Confidential
HPEG/TPEG/EPEG
June 2024
Xincheng Li
Chemical Sect. 2, Energy Dept.2, HANWA CO., LTD.
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Confidential
HANWA at A Glance
Company Name HANWA CO., LTD. (HANWA KOGYO)
President Yoichi Nakagawa
Establishment April 1st, 1947
Paid-in Capital \45.6 Billion
Employees 5,442 (Consolidated) As of March 31st, 2023
Stock Market “Prime Market” of THE TOYO STOCK EXCHANGE
Businesses Trading Products Such As;
Steels, Nickels, Chromium, Lead, Lithium, Recycled Metals, Industrial & Amusement Machineries,
Petroleum & Biomass Energies, Chemicals, Life-living Materials, Foods, Lumbers, etc.
Headquarters Tokyo & Osaka
2024/10/15 Copyright 2024 HANWA CO., LTD. All Rights Reserved. 2
Confidential
HANWA at A Glance
Others
5%
Overseas
Subsidiaries
16%
Sales in FY2023
Steels
46%
Energy & Life-
living Materials
20
13%
Billion (US$)
Foods
5%
Recycled Metal
5%
Primary Metals
10%
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Confidential
About STL
Company name SATELLITE CHEMICAL CO.,LTD.
Date established 2005
Sales volume USD5.1 billion
Products Ethylene Oxide, Ethylene Glycol, High Density
Polyethylene, Polycarboxylic Monomer……
As of now, STL has formed dual-industrial chain with C2
and C3, making them the first company using ethane
cracker as well as with integrated C3 industrial chain in
China.
Capacity of Polyether Monomer 500,000MT
Current Customers 30% for export. Turkey, the Middle East, Brazil, India,
Mexico…etc.
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Confidential
Products
• Polycarboxylic acid water reducer polyether
• HPEG2400- tablet
• HPEG3000- tablet
• EPEG3000- tablet (future trend)
• TPEG2400- tablet
• Package: 25kg bag or 800kg bag (main)
40 800kg bags for 40 ft container
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Confidential
Why STL?
Industry Leader
- No.2 in the industry in terms of capacity. NO.1 is OXIRAN chem with 800,000MT capacity but no EO
production line.
- Currently sourcing EO directly from the joint venture in the US Gulf offers a huge cost advantage. Besides,
STL is owning 12 vessels for EO transportation.
Strong Partnership with Hanwa
- Existing partnership in DEG/MEG/SAP
2024/10/15 Copyright 2024 HANWA CO., LTD. All Rights Reserved. 6
Confidential
Appendix: Water Reducer Formulation made of HPEG
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Confidential
Appendix: Water Reducer Formulation made of EPEG (50%)
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