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TDI has got rid of domestic shortage in 2014

wallpapers News 2020-11-07
Cangzhou Dahua, the leader of domestic TDI industry,

, announced on the 30th that it had officially launched an additional public offering with 34.86 million shares, a price of 10.46 yuan a capital raising of 360 million yuan. Among them, Cangzhou Dahua Group, the major shareholder of the company, will invest 60 million yuan to participate in the preemptive subscription of 5.74 million shares. According to the relevant provisions of the Shanghai Stock Exchange, the trading of the company's shares will be suspended continuously from May 6 to May 9, will resume trading on May 12. The company will conduct an online roadshow on China Securities Network in the afternoon of May 5.

, as the only listed company with TDI as the main business in A-share market, is the first refinancing of Cangzhou Dahua in the past 14 years. Although the company's financing amount is forced to be reduced due to the current market downturn, the company's senior management institutions are still optimistic about the prospect of the company's raised investment projects.

Co., Ltd. mainly focus on TDI products to exp TDI production capacity improve the supporting capacity of raw materials. After the completion of the project, the annual TDI capacity of the company will be increased from 150000 tons at present to 180000 tons. While reducing costs, the company will further consolidate its leading position in the domestic TDI industry.

according to the company's additional issuance plan, the funds raised this time are mainly used for four projects: 50000 T / a TDI technical transformation project, DNT technical transformation project, 135000 T / a nitric acid project 160000 T / a ion-exchange membrane caustic soda project. Among them, the ion-exchange membrane caustic soda project with an annual output of 160000 tons was completed put into operation in December last year, other projects are also under construction. At present, the company has a urea production capacity of 550000 tons / year TDI production capacity of 150000 tons / year. According to the agency's calculation, after the completion of the above four projects, it is estimated that the company will provide about 200 million yuan of net profit each year. People from

companies believe that with the completion operation of the raised investment project, the company will realize the basic self-sufficiency of the main raw materials (except toluene) of TDI, the supporting capacity of raw materials will be greatly increased, which is conducive to the synergy effect of upstream downstream integration of the industrial chain, further reduce the comprehensive cost of TDI, continue to maintain exp the company's leading edge in the domestic TDI field.

at present, domestic TDI has got rid of the pattern of supply shortage in previous years. Due to the transfer of TDI production capacity from developed countries regions in Europe America to Asia, the imbalance between supply dem of TDI in some regions occurs from time to time. Domestic enterprises are actively exploring overseas markets, China is expected to change from a net importing country of TDI to a net exporter in the future. As a leading enterprise in the domestic TDI industry, the company's capacity utilization rate has almost reached the peak in recent years, the supply exceeds dem in the peak sales season.

the previous annual reports of the company showed that in 2013, the company realized 3.4 billion yuan of operating revenue 159 million yuan of operating profit; the net profit attributable to the parent company was 120 million yuan, the earnings per share was 0.4734 yuan.

 


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