1. Project introduction


1.1 Project Background


1.1.1 Product Introduction


Silicone rubber is divided into high-temperature vulcanization or thermal vulcanization (HTV) and room-temperature vulcanized silicone rubber (RTV) according to vulcanization temperature and use characteristics. High temperature rubber is mainly used to produce high temperature or low temperature, high insulation, high elastic rubber products, used in electronic products, medical equipment and artificial organs. Room temperature vulcanized silicone rubber is mainly used as sealant and mold glue. The main application field is used in the construction industry as road, door and window sealing and filling materials.


Silicone sealant is superior in comprehensive properties such as weather resistance, durability and processability, and its application field has gradually expanded from the construction field to the fields of automotive, electronic and electrical, aviation, aerospace and marine engineering, especially in the photovoltaic field. It is widely used in the sealing of glass panels, the potting of components in the electronic and electrical industries, and the sealing of windshields in the automotive industry. This project mainly produces building adhesives, building curtain wall adhesives, insulating glass adhesives, building door and window adhesives, home improvement environmental sealants, and new energy industrial adhesives.


1.1.2 Market Outlook


(1) development status and forecast of global silicone sealants


Silicone sealant is the most important use of silicone rubber, accounting for about 65% of the consumption of silicone rubber, and is mainly a single-component sealant. The construction industry is the largest application area of silicone sealants, and is often used in metal-to-glass links, high-rise windows and highway construction. Silicone sealants are also commonly used as adhesives for fixing glass in windows. In addition, the application of silicone sealants in automobile manufacturing has also gradually increased, continuously growing from 2007 to 2018, because more and more electronic control equipment is equipped on cars, and silicone products are used in airbags.


The main consumer region of silicone sealants is China. In 2017, the national silicone production capacity accounted for about 55% of global total production capacity, output and consumption accounted for about 45%, and sales exceeded 60 billion yuan. It is estimated that the consumption of silicone sealants in China will reach 1.15 million tons in 2020.


The world ’s consumption of silicone sealants in 2015 and the forecast for 2020 are summarized in Table 1:


 


 


Table 1 Consumption market of major silicone sealants in the world in 2015 and forecast for 2020


product


North America


Western Europe


Japan


China


Asian Other


other


total


Consumption in 2015 / 10,000t


14


17


5


74


6


9


125


Consumption in 2020 / 10,000t


17


twenty two


5


115


9


11


179


2015-2020 average growth rate /%


4.3


3.0


1.2


9.5


3.3


4.0


7.4


Although the market for silicone sealants in developed countries is relatively mature, with the continuous development of new applications and new varieties such as silane-modified polyether adhesives, the consumption of silicone sealants will continue to grow at a faster rate in the future. The driving force for development lies in silicone sealants.


Applications in construction and automotive The rapid growth of the sealant market in developing countries will drive global demand. It is expected that the global demand for silicone sealants will reach 1.79 million tons in 2020, with an average growth rate of approximately 7.4 between 2015 and 2020. %.


(2) forecast of market prospects for silicone sealants in China


In recent years, with the improvement of technological level and the expansion of market demand, the production of organic silicon building sealants in China has developed rapidly, and two major production bases in Guangdong and Zhejiang have been formed. At this stage, domestic high-end products are close to the best imported products in terms of quality, and have even exceeded many imported products in terms of various performance indicators, especially in terms of tensile bond strength. At the same time, since the main raw materials have been basically domesticated, the domestic products have greatly exceeded the imported products in terms of production and use, and many domestic companies have exported their products in batches. The application of domestic products has developed from small-scale curtain wall projects to large and super-large curtain wall projects with good results. Most of the venues for the Beijing 2008 Olympic Games used domestically produced organic sealants. The market share of domestic products has rapidly increased from zero to more than 70%, greatly exceeding foreign brands and occupying a major share of the domestic market.


According to incomplete statistics, the global demand for sealants in 2015 was as high as 1.5 million tons, and the market was about 1.75 billion US dollars. The fastest growing demand for sealants is silicone and polysulfide rubber sealants. In 2015, China's organic silicon production capacity was 730,000 tons / year, the output was 520,000 tons, and the consumption was 525,000 tons, of which the consumption of construction silicone sealants was about 320,000 tons, an increase of 7% year-on-year. China is at the peak of housing construction. It is predicted that 20 billion square meters of houses will be completed in the next 15 years. The growth rate of urban buildings will be about 1 billion square meters per year. The proportion of buildings completed is 30-40%. In the next few years, the market size of construction silicone sealants will grow at an average annual rate of about 10%. It is estimated that by 2020, the domestic demand for construction silicone sealants will reach 500,000 tons. In addition, the quality of high-end products is close to the international advanced level. The sales volume and total value of China's construction organic silicone sealants in the export market will gradually increase, maintaining a relatively stable annual growth rate of 8-10%.


According to the current situation of domestic silicone rubber production and processing, the main factors affecting the development of China's silicone rubber are the supply of silicone monomers, product production technology and application promotion. It is expected that with the large number of foreign products entering, China's production of silicone rubber products and The application level will gradually catch up with developed countries, creating a wider market development space for silicone rubber.


1.1.3 Technical Analysis


This project adopts patents: additive single-component silicone sealant and its manufacturing method


Summary of the Invention: The purpose of the present invention is to provide an addition-molded single-component silicone sealant and a method for manufacturing the same in view of the shortcomings of the prior art. Excellent adhesive properties, can be stored for more than 6 months under certain conditions, after 6 months, the extrusion is still good, curing at 120 ° C for 20min, rapid curing at 80 ° C for 60min, tensile strength reached Above 3.5MPa, the elongation at break is above 310%, and it has good adhesion to aluminum, glass, PC and so on. It can be used for adhesive sealing of energy-saving lamps, LED lamps, electronic appliances, etc., shortening the production cycle.


1.1.4 Favorable conditions for project construction


(1) Policy advantages


The Outline of the 13th Five-Year Plan for National Economic and Social Development states that during the "13th Five-Year Plan" period, China will promote the support of the development of strategic emerging industries, aim at the frontiers of technology, grasp the direction of industrial transformation, and optimize policy portfolios around key areas. Expand the growth space of emerging industries and seize the commanding heights of future competition, so that the value-added of strategic emerging industries accounts for 15% of GDP. Vigorously promote the innovation and industrialization of emerging frontier areas such as smart materials, high efficiency, energy conservation and environmental protection, and form a number of new growth points.


According to the "Thirteenth Five-Year Plan for Development of the Petroleum and Chemical Industry" formulated by the China Petroleum and Chemical Industry Federation, the industry will strive to achieve six major development goals during the "13th Five-Year Plan" period. The economic aggregate has grown steadily, and the industry's main business income has grown at an average annual rate of about 7%, reaching 18.4 trillion yuan by 2020; significant progress has been made in structural adjustment, and the proportion of strategic emerging industries such as new chemical materials has increased significantly, with refined products The industrialization rate has been greatly improved; the green development mode has been initially formed, and the energy consumption and pollutant emissions of 10,000 yuan of added value have decreased significantly, and major safety production accidents have been effectively contained. In addition, the innovation ability has been significantly enhanced, the brand quality has been steadily improved, and corporate competitiveness has been significantly improved.


(2) Location traffic advantage


Da'an City is a county-level city managed by Baicheng City, Jilin Province. It is located in the northwest of Jilin Province and is located in the hinterland of the Songnen Plain. The G12 highway runs through the entire territory of Daan City. The total length of roads in the urban area of Daan City is 109.2 kilometers, with an area of 1.98 million square meters and a per capita of 12.64 square meters, ranking fifth in the county level of Jilin Province. There are 5 urban bus lines and more than 1,200 taxis in the city. The mileage of urban and rural highways reaches 2243 kilometers, and the accessibility of towns and administrative villages is 100%. Local transportation is convenient, with highways, railways and waterways crisscrossing and extending in all directions. The Changbai and Tongrang railways intersect at Da'an North Station. The domestic operating mileage is 133.5 kilometers. It runs through 12 townships (towns) and has 12 large and small railway stations. Da'an Station and Da'an North Station are national second-level stations, of which Da'an North Station is a marshalling station. station. The Tuwu (Tuomen-Ulanhot) highway and the Angan (Anguang-Qian'an) highway are the main roads in the city. The Tuwu national first-grade highway runs from east to west. The Daanbei highway overpass is magnificent and magnificent, which greatly facilitates transportation. Nenjiang River is the Da'an waterway. It runs from Daan River to Nenjiang Port in Heilongjiang Province. It flows down to Harbin, Jiamusi, and reaches five open ports in Russia. It can also pass through the port of Nikolayevsk (Miaojie) Directly enters the Sea of Japan, which can open the China-Russia, Japan-Japan sea-sea transport corridor, and become a water bridge connecting the world in Jilin Province.


1.2 Project construction content and scale


1.2.1 Product scheme and scale


The installation area of this project: 10,000 square meters; the capacity of the installation: 80 people.


1.2.2 Project construction content


Build an annual production of 50,000 tons of silicone sealant and silicone rubber production equipment.


The product scheme is: 10,000 tons of building curtain wall adhesives, 10,000 tons of insulating glass adhesives, 10,000 tons of building door and window adhesives, 10,000 tons of environmental protection sealants for home improvement, and 10,000 tons of new energy industrial adhesives.


1.3 Total Project Investment and Fund Raising


1.3.1 Total project investment


The total investment of the project is 125 million yuan, including the construction of a 50,000-ton / year sealant device with a construction investment of 104 million yuan.


Table 1: Summary Table of Total Investment of the Project Unit: Ten Thousand Yuan


Serial number


Fee name


Investment


% Of total investment


Note


1


Construction Investment


10400


83.2


 


2


Working capital


2100


16.8


 


 


Total project investment (1 + 2)


12500


100


 


1.3.2 Financing


Self-raised


1.4 Financial Analysis and Social Evaluation


1.4.1 Main financial indicators


After the project is completed, the annual sales income will be 94.7 million yuan, and the profit will be 31.25 million yuan.


Table 2: List of Major Financial Benefit Forecast Indicators


Serial number


name


unit


index


Note


1


Sales revenue


Ten thousand yuan / a


9470


Normal year


2


The total profit


Ten thousand yuan / a


3125


Normal year


3


Financial internal rate of return on all investments


%


20


After income tax


4


Financial net present value (Ic = 10%)


Ten thousand yuan


5000


After income tax


5


Payback period of all investments (after tax)


a


5


Including construction period of 1 year


6


Profitability of investment


%


25


After income tax


Note: "10,000 yuan" in the table is RMB


1.4.2 Social Evaluation


The establishment of the Baicheng Organic Silicone Sealant Project will help to promote the development of China's silicone sealant business, further break the foreign technology monopoly, further develop the manufacturing and development of downstream silicone products, and promote the improvement of people's living quality. At the same time, it provides more space for the development of the Da'an Chemical Park in Baicheng City, enriches the content of the chemical industry, and injects new vitality into the revitalization of the old industrial base in Northeast China.


1.5 Cooperation methods


Joint venture and cooperation, other methods can be negotiated


1.6 Foreign Investment Requirement


Funds, other methods are negotiable


1.7 Project Construction Site


Da'an High-tech Industrial Park


1.8 Project Progress


Project plan has been prepared


2. Partner Profile


2.1 Basic situation


Name: Da'an Economic Development Zone


Address: Yucai West Road, Daan City, Jilin Province


2.2 Overview


Da'an Economic Development Zone is a provincial-level economic development zone approved by the provincial government in 1992. The development zone is located in the center of the Nenjiang River Basin. It has the transportation advantage of “Public Railway, Water and Air”, and is a transportation hub and commodity distribution center that connects the three provinces and one region in Northeast China and China, Russia, and Japan.


After more than 20 years of development, especially in recent years, under the correct leadership of the Da'an Municipal Party Committee and Municipal Government, the Da'an Economic Development Zone has made great strides forward. The total planned area has grown from the original 13.5 square kilometers to 51.5 square kilometers. It is a modern provincial development zone with industrial zones in the development zone and a functional zone in the industrial zone. It administers the economic development platform of the development zone core zone, new industrial zone, two sub-industrial parks, Anguang Industrial Park and Sheli Industrial Park. , Including oil and gas chemical industry, high energy capacity, pharmaceutical chemicals, clothing shoes and hats, agricultural and sideline products, building materials and other industrial functional areas. Now it has settled in 2 Fortune 500 companies including Rosello Gelatin in France and Gamesa Fan in Spain, and 28 industrial enterprises above designated size.