The hottest Hongda new material plans to expand th

Hongda new material plans to expand the 70000 ton/year organic silicon material project

the listed company Hongda new material plans to raise 700million yuan by non-public offering of shares for the construction of 700000 ton/year organic silicon material expansion project. After the completion of the project, the organic silicon industrial chain of the company will be more perfect, and the production cost will be significantly reduced, which is conducive to improving the profitability of the company

HTC new material announced on December 15 that the company plans to issue no more than 60million shares at a price of 12.08 yuan/share, and the net amount of funds raised is 700million yuan for the 70000 ton/year organic silicon material expansion project. Through the construction of 70000 T/a organosilicon material expansion project, the company's raw material supply will be stabilized to meet the company's rapidly growing raw material demand for siloxane products

the investment project raised this time has good economic benefits through operation methods, which will not only reduce the cost of raw materials, change the company's dependence on imports of raw materials, and improve the company's profit margin; And it is conducive to the improvement of the company's industrial chain, improve the comprehensive competitiveness of products, and then improve the overall profitability of the enterprise

according to the calculation, the total investment of the expansion project with an annual output of 70000 tons of organosilicon materials is 720million yuan, including 670million yuan of construction investment and 50million yuan of initial working capital. The construction period of the project is 22 months. The main products of the project are octamethylcyclotetrasiloxane (D4) and dimethylepoxy silane (DMC); The main by-products are monomers containing hydrogen, trimethylchlorosilane, trimethylchlorosilane, waste silicon powder and sulfuric acid. Among the products of the project, D4 and DMC can be used as silica gel raw materials of the company or sold outside, and the proportion of commodity volume between D4 and DMC can be adjusted according to the market demand; Azeotrope, low boiling, high boiling, monomethyl hydrogen containing monomer, trimethylchlorosilane, methyltrichlorosilane, waste silicon powder and by-product sulfuric acid obtained from methyl monomer separation are sold as commodities. The average annual sales revenue of the project can reach 2.246 billion yuan, and the average after tax profit is 31,44. The measurement of 40000 yuan is completed through force measuring sensors, amplifiers and data processing systems; The net profit rate of the project capital is 43.67%; The total investment profit rate is 43.67%; After tax internal rate of return is 43.75%; Nicolas Wegener, chief operating officer of Raymond composites after tax, said: "The process of Deakin University can oxidize carbon fiber more quickly, and the payback period of investment is 4.27 years. However, due to the rapid expansion of domestic silicone monomer production capacity in recent years, the income of the project may be lower than expected, but its role as a supporting project of high-temperature silica gel is still prominent.

the company is one of the main manufacturers of high-temperature silicone rubber in China, in terms of production capacity (about 40000 tons/year), equipment resources and process formula (cracking process, glue mixing process, additive research and development, etc.), product sales (about 25000 tons/year) and other aspects are in the forefront of domestic peers. High temperature silicone rubber is one of the key products of the national standard for the test method of external impact resistance of silicone downstream main plastic pipes. It is widely used in the fields of keys, insulators for electronic appliances, wires and cables, etc. The 70000 ton/organosilicon material project invested and constructed this time is the upstream industry of high-temperature silica gel. Its product organosilicon monomer material is mainly used for the production of silicone rubber by the company for its own use, which greatly reduces the average cost of silicone rubber finished products and is conducive to the increase of main business profits

since 2009, with the recovery of the domestic economy, the demand for silicone products has increased, the price has increased significantly, and the company's profits have continued to increase month on month. The core competitiveness of the company lies in the product diversity service ability supported by silicone rubber formula technology, and it has its own unique advantages in technology and marketing. The core technologies of the company's independent innovation mainly include hydrolysate cracking technology, glue mixing process and anti structural ability, and its R & D is at the forefront of the domestic industry. In terms of marketing, the company designs different products according to different customers, and pays attention to the establishment of long-term stable relations. In 2007, the market share in the Yangtze River Delta and the Pearl River Delta reached 15% and 10% respectively

in the future, with the launch of the initial public offering fund-raising projects, the company's profitability will be further improved. There are mainly three projects invested by the company, including 30000 T/a silicone rubber reconstruction and expansion project, 45000 T/a silicone material reconstruction and expansion project and R & D center project. Among them, 30000 T/a silicone rubber reconstruction and expansion project was completed at the end of 2009, and the silicone material reconstruction and expansion project will be completed in the first half of 2010. At that time, the company's production capacity will be significantly increased, costs will be reduced, and the industrial chain will become more complete

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