Introduction of Petrochemicals Team_140917
13
Introduction GS Global Corp. Petrochemicals Team Copyright © 2014 by GS Global, ALL RIGHTS RESERVED. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means- electronic, mechanical, photocopying, recording, or otherwise- without the permission of GS Global. This document provides an outline of a presentation and is incomplete without the accompanying oral commentary and discussion. Fostering the vision of “Value No. 1 GS Adored by Everyone”
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Transcript of Introduction of Petrochemicals Team_140917
IntroductionGS Global Corp. Petrochemicals Team
Copyright © 2014 by GS Global, ALL RIGHTS RESERVED.No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means- electronic, mechanical, photocopying, recording, or otherwise- without the permission of GS Global. This document provides an outline of a presentation and is incomplete without the accompanying oral commentary and discussion.
Fostering the vision of“Value No. 1 GS Adored by Everyone”
- Group Structure
- Company Structure and Current Status
- Global Network
- Financial Statements
ㆍ Introduction of GS Global Corp.
ㆍ Introduction of Petrochemicals Team
-Team Structure
- Business Area and Total Sales
- Breakdown Figure by Products
Table of Contents
1/11
ㆍ Contacts
Introduction of GS Global – Group Structure
GS Home ShoppingGS EPS
(100.0%)2)
GS Energy GS Retail GS Sports
(54.6%)2)
Oil Business
- E&P
- Oil Refinery
- Petrochemicals
- Lubricant
Other Business
- Power / Heat
- City Gas
- Renewables
1) GS is the holding company of the GS Group; ‘ GS Holdings Corp.’ 2) Sharing portion of each affiliate
Global Sites
- USA
- China
- Japan
- Australia
- Germany
- Russia
- Saudi Arabia
- UAE
- Malaysia
- Thailand
- Taiwan
- Singapore
- Vietnam
- India
- Indonesia
(50.0%)
GS Caltex
1)
GS Global is an affiliate under ‘GS Holdings Corp.’ and has no connection in shares with GS Caltex.
Despite the fact that some products dealt by GS Global is sourced from GS Caltex, the business held together is limited.
Therefore, our business is rather focused on outside customers, not among companies within GS.
Relation between GS Global and GS Caltex
(70.0%)2) (65.8%)2) (30.0%)2) (100.0%)2)
Affiliate
GS E & C
Plant & Power
Environment
Civil
Architecture
Housing
Desalination
Water
Hotels
- Establishment: 1941
- Specializes in energy, distribution and construction
- 140 subsidiaries & affiliates (domestic 74 + overseas 66)
- GS group acquired GS E&R in 2014 (ex STX Energy)
About GS Group
Subsidiaries
2/11
DKT
Total Sales: USD 68.7 Billion (as of Dec. 2013)
Total Assets: USD 56.5 Billion (as of Feb. 2014)
Introduction of GS Global – Company Structure and Current Status
Current Status (As of Dec. 2012)
Type Listed
No. of Employees 243
Company Structure 25 Teams
Global Network 25 Offices
Sales USD 3.2 Billion
Operating Profit USD 28 Million
Income Before Tax USD 26 Million
1) KOSPI (Korean Composite Stock Price Index)2) Excluding registered executives and global staffs3) Japan(2), USA, Australia, Germany, Singapore, Hong Kong, China(9),
South East/West Asia(6), Middle East(2), Russia* Under Planning: Iran, Turkey, Algeria, Egypt, Brazil, Mexico
4) Annual Sales Growth of 17%, 2012/2011
Oil Product Team
2)
3)
4)
Petrochemicals Division
Petrochemicals Team
Corporate History
1954 Establishment of Kumsung Industry Corporation1964 Creation of Foreign Network1972 Awarded the Gold Tower Order of Industrial Service Merit1975 Designated as a General Trading Company1980 Opening up of Chinese Market1985 Construction of Cement Distribution Terminals in Japan1990 Expansion of Foreign Resources Imports1991 Awarded the Export Tower Prize (USD 2 Billion)2004 Expansion of Logistics and Domestic Distribution Business2009 Modification of Management System and Reformation of Culture2010 Securing of New Growth Engine (Acquired DKT)
3/11
Value No.1 Solution Provider
Vision
InnovationBreakthroughConsiderate
Core ValuesPolymer Team
Steel Division
Machinery/Plant Division
Resources Division
Living Commodities Division
1)
Introduction of GS Global – Global Network
Europe
Frankfurt (Germany) Moscow (Russia)
Middle East
Riyadh (Saudi) Dubai (Emirates)
Southeast Asia
Kuala Lumpur (Malaysia) Bangkok (Thailand) Ho Chi Minh (Vietnam) Hanoi (Vietnam) Jakarta (Indonesia) Singapore
Australia
Sydney
Japan
Tokyo Osaka
China
Beijing Dalian Shanghai Guangzhou Hong Kong Changchun Qindao Chendu Suzhou; Steel Service Taipei (Taiwan)
Asia Middle East Europe America Oceania Total
19 2 2 1 1 25
Exports by Region
11.2%
5.2%
79.4%
4.2%
Asia
America
Europe
Others
Global Network
After initializing its overseas sales activities with the establishment of Tokyo office in 1964, GS Global’s designation as a general trading company by the government in 1975 led its embarkation of pioneering overseas markets.
4/11
Under Planning: Iran, Turkey, Algeria, Egypt, Brazil, Mexico
India
New Delhi
USA
Los Angeles
Introduction of GS Global – Financial Statements
Consolidated Statements of Income(Unit: USD)
Description 2010.12.31 2011.12.31 2012.12.31
I. Sales 1,539,095,885 2,704,609,650 3,173,873,291
II. Cost of Sales 1,477,322,384 2,622,230,481 3,058,036,052
III. Gross Profit 61,773,501 83,379,169 115,837,239
IV. Operating Income 15,101,008 9,892,318 28,838,321
V. Income Before Income Tax Expense 19,953,804 -17,006,124 25,951,264
VI. Net Income 18,414,160 -14,435,319 22,105,152
Consolidated Statements of Financial Position(Unit: USD)
Description 2010.12.31 2011.12.31 2012.12.31
Assets
I. Current Assets 385,609,428 633,356,240 602,810,669
II. Non-current Assets 206,241,814 361,942,474 465,280,723
Total Assets 591,851,242 995,298,714 1,068,091,392
Liabilities I. Current Liabilities 445,333,519 636,755,695 613,162,979
II. Non-current Liabilities 45,621,915 119,505,721 200,096,602
Total Liabilities 490,955,434 754,261,416 813,259,581
Equity Total Equity 100,895,808 241,037,298 254,831,811
Total Liabilities and Equity 591,851,242 995,298,714 1,068,091,392
2010.12.31 2011.12.31 2012.12.31
1,000
1,500
2,000
2,500
3,000
3,500
1,539
2,705
3,174
(Million USD)
2010.12.31 2011.12.31 2012.12.31
300
350
400
450
500
550
600
650
700
386
633
603
(Million USD)
Current Assets
Sales
5/11
Introduction of Petrochemicals Team – Business Area and Total Sales
FiberIntermediates Aromatics
ParaxyleneIsomer-MX
Purified Terephthalic AcidMono Ethylene Glycol
GeneralChemicals*
BenzeneToluene
Solvent-MXStyrene Monomer
C9
Petrochemicals Team Sales
Year Volume (MT) Total Sales (USD)
2011 414,485 231,769,091
2012 770,037 548,471,818
2013 802,823 453,335,455
Year Volume (MT) Total Sales (USD)
2014 1,110,000 957,000,000
2015 1,325,000 1,179,000,000
2016 1,546,000 1,334,000,000
Sales Target for Next Three Years
Volume (KT)
Sales (Million USD)
Imports, exports, triangular trade and domestic sales of inorganic fine chemical and petrochemical products.
Business Task
Nitric Acid & DerivativesSulphur Products
Soil & Water TreatmentOther Chemicals
* Products Details on page ’11‘
6/11
(KT) (Million USD)
Vision of increasing both trading volume and sales consistently.
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
0
200
400
600
800
1,000
1,200
1,400
1,600
2011(Year) 2012 2013 2014 2015 2016
Sales
Year Volume (MT) Portion of Term (%) Sales (USD)
2011 73,000 19 54,634,643
2012 97,000 25 98,092,727
2013 185,000 22 203,778,182
2014 200,000 12 160,000,000
2015 220,000 22 180,000,000
2016 240,000 20 200,000,000
* Sales Target for Next Three Years (Base Price: CFR $1,600/MT)
Styrene Monomer
Volume (KT)
Sales (Million USD)
*
*
Sales
Year Volume (MT) Portion of Term (%) Sales (USD)
2011 17,789 0 32,261,818
2012 84,000 19 29,881,000
2013 82,000 35 26,521,000
2014 150,000 24 165,146,000
2015 165,000 26 181,660,600
2016 181,500 28 199,826,660
* Sales Target for Next Three Years (Base Price: FOB $1,250/MT)
Benzene
*
*
7/11
Volume (KT)
Sales (Million USD)
(KT) (Million USD) (KT) (Million USD)
*
Introduction of Petrochemicals Team – Breakdown Figure by Products
*
0
50
100
150
200
250
300
0
50
100
150
200
250
0
50
100
150
200
250
300
350
400
0
50
100
150
200
250
2011(Year) 2012 2013 2014 2015 2016 2011(Year) 2012 2013 2014 2015 2016
Sales
* Sales Target for Next Three Years (Base Price: CFR $1,300/MT)
*
Year Volume (MT) Portion of Term (%) Sales (USD)
2011 29,733 0 29,879,091
2012 296,220 20 253,507,272
2013 164,498 24 102,021,818
2014 300,000 20 390,000,000
2015 400,000 20 520,000,000
2016 500,000 20 650,000,000
*
Volume (KT)
Sales (Million USD)
Paraxylene
Sales
Year Volume (MT) Portion of Term (%) Sales (USD)
2011 5,000 0 7,400,000
2012 22,985 70 22,887,852
2013 43,079 67 46,335,303
2014 50,000 70 56,500,000
2015 60,000 70 67,800,000
2016 70,000 70 81,360,000
* Sales Target for Next Three Years (Base Price: CFR $1,130/MT)
Volume (KT)
Sales (Million USD)
Mono Ethylene Glycol
*
*
8/11
(KT) (Million USD)(KT) (Million USD)
Introduction of Petrochemicals Team – Breakdown Figure by Products
* *
0
100
200
300
400
500
600
700
800
0
100
200
300
400
500
600
700
0
10
20
30
40
50
60
70
80
90
100
0
10
20
30
40
50
60
70
80
90
2011(Year) 2012 2013 2014 2015 2016 2011(Year) 2012 2013 2014 2015 2016
Solvent MX
9/11
Introduction of Petrochemicals Team – Breakdown Figure by Products
Sales
Year Volume (MT) Portion of Term (%) Sales (USD)
2011 38,881 0 1,703,273
2012 40,201 0 2,522,305
2013 41,562 0 2,755,112
2014 50,000 0 4,950,000
2015 57,500 0 5,692,500
2016 66,125 0 6,546,375
Isomer MX
Volume (KT)
Sales (Million USD)
2011(Year) 2012 2013 2014 2015
(KT) (Million USD)
* Sales Target for Next Three Years (Base Price: FOB $1,100/MT)
Sales
Year Volume (MT) Portion of Term (%) Sales (USD)
2011 20,000 0 21,739,000
2012 18,000 67 21,473,000
2013 29,000 83 34,168,000
2014 36,000 67 41,400,000
2015 48,000 75 55,200,000
2016 60,000 80 73,600,000
Volume (KT)
Sales (Million USD)
(KT) (Million USD)
* Sales Target for Next Three Years (Base Price: CFR $1,100/MT)
*
*
*
*
* *
10
30
50
70
90
110
130
150
0
1
2
3
4
5
6
7
8
20160
10
20
30
40
50
60
70
80
0
10
20
30
40
50
60
70
80
2011(Year) 2012 2013 2014 2015 2016
Sales
Year Volume (MT) Portion of Term (%) Sales (USD)
2011 12,739 0 14,740,919
2012 13,802 28 16,187,142
2013 40,301 0 45,711,969
2014 45,000 0 49,950,000
2015 55,000 0 61,050,000
2016 60,000 0 74,616,000
* Sales Target for Next Three Years (Base Price: CFR $1,110/MT)
Volume (KT)
Sales (Million USD)
C9
*
*
Toluene
Sales
Year Volume (MT) Portion of Term (%) Sales (USD)
2011 38000 35 14,740,919
2012 177000 14 45,329,000
2013 265000 9 98,203,000
2014 300,000 0 120,000,000
2015 350,000 0 150,000,000
2016 408,000 0 187,500,000
*
*
• Sales Target for Next Three Years (Base Price: FOB $1,100/MT)
10/11
Volume (KT)
Sales (Million USD)
(KT) (Million USD) (KT) (Million USD)
Introduction of Petrochemicals Team – Breakdown Figure by Products
**
0
100
200
300
400
500
600
0
20
40
60
80
100
120
140
160
180
200
0
10
20
30
40
50
60
70
80
0
10
20
30
40
50
60
70
80
2011(Year) 2012 2013 2014 2015 2016 2011(Year) 2012 2013 2014 2015 2016
Sales
Year Volume (MT) Sales (USD)
2011 10,251 3,987,273
2012 8,320 6,604,545
2013 3,959 3,378,182
2014 15,000 10,800,000
2015 17,250 12,420,000
2016 19,838 14,283,000
General Chemicals - Sales and Product Details
Introduction of Petrochemicals Team - Breakdown Figure by Products
Nitric Acid & its Derivates Nitric Acid Porous Prilled Ammonium Nitrate (PPAN)
Sulphur Products Sulphur (Powder, Granular) Sulphur Bentonite
Contaminated Soil & Water Treatment Caustic Soda Sulphuric Acid Hydrochloric Acid Flocculants
Other Chemicals Acrylates Plasticizers
*Major Manufacturers:LG Chemical, Hanhwa Chemical, Huchems, Sam-sung BP
Product Details
11/11
Volume (KT)
Sales (Million USD)
(KT) (Million USD)
0
5
10
15
20
25
0
2
4
6
8
10
12
14
16
2011(Year) 2012 2013 2014 2015 2016
• Sales Target for Next Three Years
*
*
*
Copyright © 2014 by GS Global, ALL RIGHTS RESERVED.No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means- electronic, mechanical, photocopying, recording, or otherwise- without the permission of GS Global. This document provides an outline of a presentation and is incomplete without the accompanying oral commentary and discussion.
Contacts
Team Manager
YT Kim (General Manager)Tel: 82-2-2005-5382Fax: 82-2-2005-5360E-mail: [email protected]
BTX
Aster Park (Trading Manager)Tel: 82-2-2005-5424Fax: 82-2-2005-5360E-mail: [email protected]
PX, IMX
DH Chung (Trader)Tel: 82-2-2005-5422Fax: 82-2-2005-5360E-mail: [email protected]
PTA, MEG, C9
Albert Park (Trader)Tel: 82-2-2005-5420Fax: 82-2-2005-5360E-mail: [email protected]
BZ, TL, SMX
CJ Jung (Trader)Tel: 82-2-2005-5423Fax: 82-2-2005-5360E-mail: [email protected]
SM
SM Song (Trader)Tel: 82-2-2005-5419Fax: 82-2-2005-5360E-mail: [email protected]
General Chemicals
Johnny Ahn (Trading Manager)Tel: 82-2-2005-5363Fax: 82-2-2005-5360E-mail: [email protected]
Cierra Jung (Trader)Tel: 2005-5493Fax: 82-2-2005-5360E-mail: [email protected]
GS Global Corp.9th Fl., GS Tower 679, Yeoksam-dong, Gangnam-gu, Seoul 135-985 KoreaTel(rep.): 82-2-2005-5301Fax(rep.): 82-2-2005-5300
For more information, please visit our website :www.gsgcorp.com
