2010 deep research report on china solar grade polysilcon industry
대림_OVERVIEW(영)_2013
1.
2. 1
DAELIM
Group
Overview
“ Daelim has led Korea’s construction and petrochemical industries
for the past 74 years, representing the history of economic growth
of Korea. Now, DAELIM Group has 13 affiliates, including education
and culture foundations.”
Basic Challenge
Synergy Human
Korea’s leading conglomerate with 74 year history,
sustainable business portfolio and sound business
ethics staying as one of top 100 companies in Korea
during last 60 years.
History with ‘Korea’s First and No. 1
- Korea’s first order from Middle East, first entrance
into global construction market
- Korea’s longest suspension bridge
(world’s 4th longest)
Korea’s only one company with perfectly integrated
business portfolio from engineering, construction
to commissioning of petrochemical plant as
well as from manufacturing, sales to exports of
petrochemical products.
Through corporate philosophy of human respect,
continuous social contribution and low carbon
activities, Daelim is committed to contributing to
human and evironment.
3. 2
Engineering & Construction
- DAELIM Industrial Co., Ltd.
(Engineering & Construction Unit)
- Korea Development Corporation
- Samho International Co., Ltd.
Trading & Manufacturing
- DAELIM Corporation
- DAELIM C&S Co., Ltd.
- DAELIM Motors Co., Ltd.
Petrochemical
- DAELIM Industrial Co.Ltd(Petrochemical)
- Yeochun NCC Co., Ltd.
- PolyMirae Co., Ltd.
- KR Copolymer Co., Ltd.
Education & Culture
- DAELIM University College
- DAELIM Cultural Foundation
- DAELIM Museum
Information Technology
- DAELIM I&S Co., Ltd.
Leisure Service
- Ora Resort Co., Ltd
DAELIM
Group
Business
Portfolio
4. 3
Established
DAELIM
Industrial
(Burim Corporation)
1939 1965 1978 1995
1954 1974 1994
1939 1962 1982 1997 2001
1971
1979
1987
1986-1987
1998
2001
1999-2000
DAELIM
Concrete
& Steel
DAELIM
Motors
DAELIM I&S
Seoul
Securities
DAELIM
Corporation
DAELIM
Engineering
Acquired
DAELIM
Ceramics
Acquired Samho
International,
Ora Resort,
Korea Development
Corporation
Acquired
Honam Ethylene
Merged
Honam
Ethylene
Divested
DAELIM
Ceramics
Divested
Seoul
Securities
Established
Joint Ventures
(Yeochun NCC,
PolyMirae,
KR Copolymer)
DAELIM INDUSTRIAL
DAELIM MOTORS
DAELIM C&S
DAELIM I&S
DAELIM CORPORATION
SAMHO INTERNATIONAL
ORA RESORT
KOREA DEVELOPMENT
CORPORATION
YEOCHUN NCC
POLYMIRAE
KR COPOLYMER
ESTABLISHMENT GROWTH
EXPANSION &
DIVERSIFICATION RESTRUCTURING REGROWTH
DAELIM
Group
History
5. 4
Financial Highlights of DAELIM Group
Sales Operating Profit Assets
2012
2011
2010
2009
(USD in billion) (USD in million) (USD in billion)
21
19
17
14
785
599
924
783
16
15
14
13
DAELIM
Group
Key
Financials
2013(E) 23 1,100 17
6. 5
DAELIM Industrial Co., Ltd.
Engineering & Construction(E&C) Unit
Plant
Oil & Gas, Refinery
Petrochemical Plants
Power & Energy Plants
Civil
Bridge, Port, Offshore Civil
Tunnel, Subway, Road
Hydroelectric Dam
Building & Housing
Skyscraper, Housing
Public & Commercial Building
Resort, Hotel, Hospital, etc.
Petrochemical
HDPE(460K MTY)
Polybutene(140K MTY)
Yeochun NCC
Ethylene(1,910K MTY)
SM(290K MTY)
Propylene(970K MTY)
Mixed-C4(632K MTY)
PolyMirae
Polypropylene(700K MTY)
KR Copolymer
K-Resin(48K MTY)
Petrochemical Unit
DAELIM
Industrial
Structure
7. 6
Leading Korea’s Engineering & Construction Industry(since 1939)
- Korea’s only one construction company having stayed as one of top 100 companies since 1955 & paid cash
dividend for 34 consecutive years
- Korea’s representative global contractor with track records of construction projects in 26 countries
1970
Gyeongbu Expressway
1974
POSCO
1984
Seoul Olympic Main Stadium
1985
Saudi AI Jubail 1st Oil Refinery Plant
A Corporate with Challenging Spirit Pursuing the First and the Best
- First acquisition of foreign currencies from overseas construction projects
- First foray into Kuwait, Iran, and Africa
- First establishment of technology research center (1980)
- Launched Korea’s first apartment brand e-Pyunhan sesang(2000)
- First localization of construction technologies for suspension bridge
- Ranked on the DJSI Asia Pacific for 3 consecutive years (2010~2012)
1999
Intelligent Apartment
Dogok Acrovil
2002
Yeonggwang Nuclear Power Plant
2008
Boryeong Thermal Power Plant
2012
World’s 4th Longest
Suspension Bridge
DAELIM
Industrial
E&C Unit.
Overview
8. 7
Plant
- Korea’s only one company to create synergy between EPC sector and Petrochemical O&M sector
- USD 3.2 billion new overseas orders in 2012
- Top-notch overseas project track records : 483 projects
· Petrochemical : 170
· Oil/Gas/Refinery : 193
· Power plant : 120
Petrochemical
Kayan Polycarbonate, Saudi
Refinery
Petro FCC, Philippines
Oil & Gas
SPGD Phase 6,7 & 8, Iran
Power Plant
SINGORI NUCLEARPOWER PLANT
1 & 2, KOREA
Highlights
- World’s Largest Polycarbonate Plant(260,000MTPA)
· Kayan Polycarbonate, Saudi Arabia(2007~2010)
- World’s Largest PDH Plant
(PDH 467, 000MTPA, PP 450,000MTPA)
· SAHARA AI-Waha PDH/PP, Saudi Arabia(2006~2008)
- Korea’s Largest Project Received from Southeast Asia
(USD 1.98 billion)
· Petron RMP-2 Refinery Project, Philippines(2011~2014)
Major Safety Achievements
- Kayan Polycarbonate, Saudi Arabia in 2010
(44 Mill/Man-hours)
- Shanghai IPP Project, China in 2006
(27 Mil/Man-hours)
- NCP South Plot Petrochemical Facilities, Saudi Arabia
in 2011(24 Mil/Man-hours)
- SPGD Phase 6,7 & 8 Project, Iran in 2007
(20Mil/Man-hours)
DAELIM
Industrial
E&C Unit.
Business
Portfolio
9. Civil
- Korea’s first cable-stayed bridge
(Dolsan Grand Bridge in 1984)
- Selected as the best construction work in it’s 50-year
history in Korea (Seohae Grand Bridge in 2000)
- World’s 4th longest suspension bridge built by
independent technologies(Span of 1,545m)
(Yi Sun-sin Grand Bridge in 2013)
- Iran’s largest dam project(Karun in 2001)
- Improvement and modernization of Korea’s largest
(2million tons per day)
(Seonam Sewage Treatment Plant in 2002)
- Korea’s largest private-invested SOC project
performances(31 projects, KRW 30trillions)
- Won the largest new orders in the domestic public
civil engineering projects in 2011
Korea’s Top and World’s Fourth Longest
Suspension Bridge – Yi Sun-sin Grand Bridge
Unrivalled Track of Records in Cable-stayed and
Suspension Bridge Construction in Korea
Building & Housing
- Constructed Korea’s first premium residential-official
apartment(Dogok Acrovil) in 1997
- Korea’s first BIM-based design and construction
(Yongin Public Sports Park) in 2009
- Won the President Award for Apartment
(Goyang Wondang e-Pyunhan Sesang) in 2010
- Korea’s first 50% heating and cooling energy-saving
apartment(Gwanggyo 1st) in 2010
(Plan to develop zero heating and cooling energy-use
housing technology in 2012)
Boasting the most competitive technologies in
building and housing sector
GT Tower
8
DAELIM
Industrial
E&C Unit.
Business
Portfolio
10. 9
Sales New Orders
New
Orders
Sales Operating
Profit
(FY2012)
USD
6.9
9
7.5
12
2011 2012 2013(E) 2011 2012 2013(E) 2011 2012 2013(E)
5
6.9
7.5
318
378
439
Building &
Housing
DAELIM
Industrial
E&C Unit.
Financial
Highlights
(including overseas corporations) (including overseas corporations)
(USD in billion) (USD in billion) (USD in milliion)
billion
27%
Civil
15%
Plant
58%
(FY2012)
USD
7.5
billion
Building &
Housing
30%
Plant
55%
Civil
15%
11. 10
Kuwait
- New LPG Train 4
Project MAA
- KOC Installation of
Telemetry System Project
China
- BYC MDI Chongqing Project
Korea
- BPA IV, S-SBR, YEP IV Project,
Yeosu
- No.4 Dong Suh AN Project,
Ulsan
- Samcheok LNG #1~4 Receiving
Terminal Project, Samcheok
- Gwanggyo 100MW Combined
Heat and Power Plant, Gwanggyo
- Dangjin 2,000MW Thermal
Power Plant 9 & 10
(1,000MW x 2 Units with USC
Boiler), Dangjin –
- Pocheon 1,560MW Combined
Cycle Power Plant, Pocheon
- Uljin Nuclear Power Plant Unit 3,4
Steam Generator, Uljin
- Tae-an Thermal Power Plant Units
9&10, Tae-an
- The 2nd Pyeongtaek Combined
Cycle Power Plant, Pyeongtaek
- Ulsan #4 Combined Cycle Power
Plant Block, Ulsan
Saudi Arabia
- SEC Shoaiba ll 1,200MW ccpp
Project
- Yanbu Export Refinery
Project PKG 3,4
- Jubail Export Refinery Project
PKG 2B
- Ras Tanura Integrated Project
· Mixed Feed Cracking Unit
· TDI/PMDI, DNT/MNB Units
- Saudi Elastomer Project - MTBE,
U&O, CB
- Rabigh II Project : CP-1 Package
- ACN-NaCN Project
Iran Philippines
- SM200 CFB Coal-Fired Power
Station
- Petron Refinery Master Plan
Phase 2(RMP2)
- JG Summit NCC Project
DAELIM
Industrial
E&C Unit.
Major
Ongoing
Projects
Jamaica
- Old Harbour CCPP Project
Vietnam
- Thai Binh 2 1,200MW
Thermal Power Plant
- Iran LNG Project - LNG & LPG
Storage Tank, U&J
- SPGD Ph-12 Package 2 - Liquid
Processing & Utilities
12. 1. The 4th largest ethylene production company in Asia founded in 1979
2. Established strategic alliance to specialize in high-value petrochemical
industry in 1999
3. Currently operates DAELIM Petrochemical Division and 3 JV companies
(YNCC, PMC, KRCC)
DAELIM Industrial
Petrochemical Unit
HDPE, PB, BOPP Film
2012 Sales : USD 1,157Million
Established in 1987 by acquiring
Honam Ethylene
Yeochun NCC Ethylene, Propylene, Butadiene, SM
2012 Sales : USD 6,959Million
Established on 31st December, 1999
PolyMirae Polypropylene
2012 Sales : USD 807Million
Established on 1st September, 2000
KR Copolymer K-Resin
2012 Sales : USD 84Million
Established on 1st February, 2000
11
DAELIM
Industrial
Petrochemical
Unit.
Overview
13. Asia’s 4th Largest NCC
- Production Capacity
: 1,910 thousand tons of ethylene per year
Innovative Technologies
- Holds metallocene fundamental technology
(First development & Commercialization in Korea)
- Holds fundamental technology of CON-PB, HRPB
catalyst and process
: World’s second commercialization of HRPB(2009)
Superior Process O&M Capability
- More than 50 petrochemical project O&M experiences
- POLYMED PLANT in Algeria
- SOUTH PARS PLANT CSU in Iran
PB : World’s 2nd Market Share(21%)
- 140 thousand tons per year
World Class Utilization &
Facility management Capability
- World’s top utilization rate of NCC more than 95%
utilization rate
- Excellent capacity extension capability
(950 thousand tons - 1,910 thousand tons/year)
12
DAELIM
Industrial
Petrochemical
Unit.
Overview
15. Sales : USD 9,007 Million(2012)
2010
2011
2012
110
78
84
Total 7,569
Total 8,590
Total 9,007
946 5,547 966
1,022 6,521 969
1,157 6,959 807
Operating Profit : USD 231 Million(2012)
2010
2011
2012
20
6
0.3
Total 580
Total 390
Total 231
62 464 34
37 330 17
38 200
Petrochemical YNCC PMC KRCC
14
DAELIM
Industrial
Petrochemical
Unit.
Financial
Highlights
2013(E) 125 Total 9,3751,243 7,078 929
2013(E) 7 Total 40575 309 14
-7
16. 15
Business Area
- Marketing for polymer and specialty
chemical products
- Trading of petrochemical products
- Shipping and logistics
Products
Naphtha, Monomer, Polymer,
Polybutene, Polyimide
Shipping, combined logistics
Date of Establishment
1994. 10. 1
Total Assets
USD 1,863Million(2012)
Fleet
Total 36 vessels
(21 owned vessels and 15 chartered-in vessels)
Business Highlights
- Korea’s 6th largest vessels operator /
Asia’s 3rd gas carrier
- Korea’s No.1 Naphtha trading capacity
- World’s 3rd & Korea’s No.1 Polyimide
producer holding Polyimide patent
Sales(USD in Million)
2,291
2008 2010 2011 2012 2013(E)
2,987
3,815
3,713
4,376
Naphtha Trading Polyethylene Petrochemical Logistics Transportation
DAELIM
Corporation
17. 16
Business Area
Production and sale of motorcycles /
production of motor parts
Products
- Auto parts : Aluminum Die casting
- Manufacturing of Motorcycles (50~250CC)
Date of Establishment
March 14, 1978
Total Assets
USD 345 million(2012)
Production Capacity
- Auto parts : 22 Die casting M/cs(500~3,550tons) and
360 manufacturing M/cs
- Motorcycles : 50,000 units
Business Highlights
- Korea’s largest motorcycle maker as of 2012
- Korea’s first scooter maker
- Holding Korea’s unique scooter racing competition
- Korea’s first subcontractor of valve processing
Sales(USD in Million)
190
2009 2010 2011 2012 2013(E)
261
302 306
363
Motor Part Production Factory Motor Plant Production Lines Motorcycle Q2
DAELIM
Motors
18. 17
Business Area
Construction materials
Products
- High-strength concrete piles
- Steel structures
Date of Establishment
May 27, 1962
Total Assets
USD 295 Million (2011)
Production Capacity
Pile : 1 million ton per year
(Factories in Yongin, Chilseo and Chungju)
Steel : 100 thousand tons per year (Buyeo Factory)
Business Highlights
- Korea’s No.1 concrete pile maker
- Korea’s only one JIS certificated exporter
(Nigeria, Japan, Australia, Brazil, Philippine, etc)
- Korea’s first PHC and functional concrete pile
maker(1992)
- Specialized in onshore and offshore bridges
Sales(USD in Million)
80
2009 2010 2011 2012 2013(E)
159
178
217
244
Concrete Pile Offshore Bridge
DAELIM C&S
19. 18
Business Area
- Construction Information Service
Information service for buildings,
houses and civil facilities
Railroad E&M integrated service
Environment and energy service
Plant E&I Service
- Building and Housing Service
Housing & Marketing service
Total O&M service for buildings and houses
Eco-Friendly Construction Materials Service
- IT Service
IT outsourcing service IT infra service
Date of Establishment
March 29, 1995
Total Assets
USD 182 million(2012)
Business Highlights
- IT-based BPO and building & housing service leader
- Total service network to Providing pleasant
residential environment
- Patents in housing total service and
environment sectors
· Automatic meter reading equipment and system
for housing complex
· Heat exchange ventilation equipment
· Parking lot LED lighting control system
- Holding E-WATER brand, an integrated
management solution for water and environment
Sales(USD in Million)
181
2009 2010 2011 2012 2013(E)
157
170
257
313
DAELIM I&S
IT Service Building & Housing Service Construction Information Service IT
20. 19
Business Area
Engineering & Construction
Date of Establishment
October 17, 1956.
Total Assets
USD 531 million(2012)
Business Highlights
- Construction of apartments
- Design and construction of factories,
logistics centers and educational facilities
- Excellence in land development and
undergrounding power line projects,
and entrance into environmental business
- Won the President prize at Korea Industrial
Awards in 2005
- Selected as the best partner of LH
(Korea Land &Housing Corporation) in 2010
Sales(USD in Million)
420
2009 2010 2011 2012 2013(E)
395
447 449
589
Samho
International
Suwon Maetan e-Pyunhan Sesang Logistics Center Factory Undergrounding Power
Line Project
Major Businesses
Civil, Building & Housing
21. 20
Business Area
Construction materials
Date of Establishment
March 31, 1965.
Total Assets
USD 813 million(2012)
Business Highlights
- Civil engineering projects such as expressways,
railroads and land development
- Apartment-style factories and new transport system
such as light-rails
- Selected as an excellent business partner of Korea
- Expressway Corporation in 1995, 1999, 2001 and 2010
- Selected as an excellent business partner of
Korea Rail Network Authority in 2004
- Won the Steel Tower Medal in 2005
- Selected as an excellent constructor by Seoul City in
2009
Sales(USD in Million)
521
2009 2010 2011 2012 2013(E)
546
530
616
668
Korea
Development
Corporation
Gyeongbu Expressway Apartment-style Factory Light-rail Cheonan Huracle Resort
Major Businesses
Civil, Building & Housing
22. Business Area Date of Establishment
Total Assets
Hotel & Leisure Service
Major Businesses
First class hotel, golf course
Capacity
Hotel(512 rooms), Golf Course(36 holes)
Business Highlights
- The largest hotel in Jeju Island
- The most popular visited golf course in Jeju Island
- Won the 10 Million Dollar Tourism Promotion Tower
(Award for the rst time among local hotels in 1992)
- Won the Excellent Service Quality Provider from the
Ministry of Commerce, Industry and Energy in 2003,
2005, 2007 and 2010
- Selected as hit Product of the Year by the Digital
Chosunilbo in 2011
Sales(USD in Million)
Jeju Grand Hotel Hotel Room Ora CC Club House Ora CC
21
Ora Resort
35
2009 2010 2011 2012 2013(E)
37
40
48
54
June 24, 1977
USD 284 million(2012)
23. DAELIM
Museum
Date of Establishment
1977
Number of Colleges
27 majors in 4 departments
Number of Students
Total 6,315 Students
Highlights
- High employment rate
(2nd in metropolitan area with 68%)
- High admission competition rate
(2nd in metropolitan area with 16:1, 2nd in metropolitan area)
- Asia’s first TOYOTA T -TEP certificated university
대림대학교 전경
Exterior of Art Museum
Highlights
Korea’s most visited art museum
Date of Establishment
1996
Location
Tong ui-dong, Jongno-gu, Seoul
22
DAELIM
University
College
Location
Dongan-gu Anyang in Gyeonggi-do
University Head office