JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 21

to promote the commercial development of wind energy. The domestic wind-power industry has reached more stability, which encouraged a larger number of audiences to invest in the wind-power sector, resulting in more cost-effective production and creating additional local employment. As regards wind-power equipment installed in China in 2006, foreign-invested enterprises still take the lion's share, with a market share of 70%. However, domestic wind-power-equipment manufacturers now have an edge in competing with foreign players. JCM: Do you think Chinese manufacturers have the capacity to export? L. L.: Yes they do! The total capacity of Chinese wind-blade manufacturers is much higher than the local demand and the cost of Chinese wind blades is much lower than those produced in North America or Europe. With its entry in the WTO, China is increasingly integrated into the world economy and, coupled with its importance as an emerging regional and global power, its energy policy decisions will have increasingly significant impacts on the world energy situation. Besides, the country’s population and resources are all pretty rich, so some countries which have no capacity to export are joining ventures in the Chinese wind-energy market or exporting their technology to local manufacturers in China. On the other hand, China is a developing country, so raw material and labour costs are much lower than any European country. Recently, the export volumes increased heavily. According to statistics released in September 2006, home-made wind-power equipment account for up to 22.7% in the total installed capacity of China, and foreign equipment 77.3%. JCM: What is Swancor’s development strategy in this market? L. L.: Swancor is the leading vinylester manufacturer in Asia and number four in the world. We offer our customers a full range of materials for their wind-power applications, including epoxy systems, vinylester and unsaturated polyester resins. All of our products are developed in house, so we can easily customise them to meet the special requests of our customers. We are the first local resin producer to offer an epoxy system for the wind-blade market. Our lead time is less than one week, compared to around three months for foreign suppliers. We have long-term supply contracts with all major rawmaterial suppliers, so we can guarantee that all our customers receive their products on time without any shortage. We are developing a completely new epoxy system, so we believe we could have a much better price in the near future. We also offer a new vinylester grade that could be used for large structures, with very low viscosity, lower gel time and low exothermal temperature. Finally, unsaturated polyester is a very mature product. In this market, Focus Swancor (Tianjin) Wind Blade Materials Co., LTD was established in Tianjin in 2006. Based on the operation mission of energy and environment protection, the first phase production capacity is 15,000 metric tons Epoxy formulation system, 3,000 metric tons hardeners for Epoxy, 15,000 metric tons unsaturated polyester and 9,000 metric tons vinyl esters resin per year, it will be ready for mass production in the first quarter of 2008. We commit to offer the whole range of high polymer material for global wind blade manufactures in quality. consistent quality is sometimes more important than superior physical properties. Of course, competitive prices are also a key issue. JCM: What is your main target? Do you plan to invest? L. L.: Our first target is the China and Asia Pacific market, as there are almost no local and professional manufacturers of wind-blade material in this area. To meet the demand of the wind-blade market, we are building a dedicated factory in Teda (China, Tianjin) with a total investment of USD 9M for the first phase of construction. This way, we will have completely new facilities for our epoxy formulation system, vinylester resin and unsaturated polyester resin. Contact: www.swancor.com No34 July-August 2007 / JEC Composites Magazine
http://www.swancor.com http://www.compositec.com

JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007

Table of Contents for the Digital Edition of JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007

Editorial
Market Place
Advertisers & Index
Contents
NEWS WORLDWIDE
- Companies
- Agenda of events
- Innovations
BUSINESS
- Market survey
- Trends
- Niche markets
FEATURE - AUTOMOTIVE
- Trend
- Process
- Raw material
USERS’ PLATFORM
- Composites in the world
- Successful Partners
- Applications
KNOW-HOW
- Ecodesign
- Bonding
- Software
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 1
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 2
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - Editorial
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - Market Place
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - Advertisers & Index
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - Contents
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 7
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Companies
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 9
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Agenda of events
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 11
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Innovations
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 13
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 14
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - BUSINESS
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 16
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Market survey
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 18
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 19
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Trends
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 21
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Niche markets
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - FEATURE - AUTOMOTIVE
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Trend
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 25
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 26
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 27
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 28
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 29
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 30
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 31
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Process
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 33
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 34
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 35
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Raw material
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 37
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 38
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 39
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 40
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 41
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 42
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 43
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 44
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 45
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 46
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - USERS’ PLATFORM
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Composites in the world
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 49
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Successful Partners
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 51
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 52
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 53
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Applications
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 55
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 56
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - KNOW-HOW
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Ecodesign
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 59
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 60
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 61
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Bonding
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 63
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - - Software
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 65
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 66
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 67
JEC COMPOSITES MAGAZINE - Issue #34 - July/August 2007 - 68
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