Nanya New Materials builds a 15 million square meters copper clad laminate project in Jiangxi, increasing epoxy consumption by nearly 20,000 tons/year

On August 25, Nanya Advanced Materials issued an announcement on the construction of a high-performance copper clad laminate smart factory project with an annual output of 15 million square meters of high-end display technology by a wholly-owned subsidiary

In order to comply with the development trend of the industry, continuously improve its product layout to meet customer and terminal needs, and at the same time enhance the company's market competitiveness by expanding production capacity to achieve sustained growth in performance, Nanya New Material Technology Co.

Project Overview

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Epoxy resin consumption in new projects

The average consumption of pure epoxy resin for copper clad laminates is calculated at 0.

Adhesive sheet consumption of pure epoxy resin is calculated at 0.

Based on this calculation, Nanya New Materials Jiangxi Project will consume about 17,500 tons of new epoxy resin

Epoxy resin: self-supply + outsourcing

For the supply of epoxy resin, the main raw material of Nanya New Materials, in addition to the internal supply of Nanya Group, Nanya New Materials also purchases nearly 10,000 tons of resin from Changchun Chemical and Hongchang Electronics every year:

From 2017 to 2019, Nanya New Materials purchased epoxy resins from Changchun Chemical for a total of 162.

From 2018 to 2019, Nanya New Materials purchased epoxy resins from Hongchang Electronics for 113.

The estimated purchase volume of epoxy resin from the above two companies is as follows:

Source: Estimated based on annual purchase price