Chapter 246 Directly start construction
Wang Sheng moved to Hong Kong to Shanghai as fast as possible.
Formosa Plastics set up a local reception center and sent a trolley to the airport to pick it up. When Wang Sheng got on the car, he saw several newspapers inserted in front of the seat.
He casually unfolded a "Morning News" and saw the front page of Pudong's photos printed, and the horizontal lines were written in bold words: Pudong Real Estate Market started.
Wang Sheng sat up all of a sudden and looked down word by word.
Formosa Plastics' attention to Dahua Industrial began as early as the oil field bidding. Wang Sheng and Sucheng met many times and had an agreement to build methanol equipment. For Formosa Plastics, this is a very important oral agreement, because Dahua Industrial has world-class oil fields. If the two sides can cooperate, this is the best risk control.
In addition, Formosa Plastic's US$7 billion investment was mainly to solve Formosa Plastic's own raw materials problem. Wang Sheng's invitation to Sucheng to invest can also reduce its own costs, which is a killing two birds with one stone. However, the US$7 billion project is really huge, and the enthusiasm of the mainland cannot resist the cold eyes of the Taiwan government, so investment has never been able to enter the substantial solution.
Wang Sheng read the newspaper carefully, hoping to get some hidden information from it. He did not notice it until the car stopped.
"Mr. Wang, the twenty-fourth floor has arrived." The driver opened the car door lightly.
Wang Sheng raised his head and saw the nameplate of "Shang*hai International Hotel", so he put the newspaper in his arms, handed the driver a tip, and said "Thank you".
Shang*hai International Hotel is the oldest hotel in Shang*hai. It was built in 1934. It is known as the tallest building in the Far East and witnessed the last prosperity and decline before World War II. Until the 1980s, the 86-meter-high international hotel was the tallest building in Shang*hai, and was called the 24th floor by the old Shang*hai people. In the era when buildings over 100 meters were called skyscrapers, the gray and yellow international hotels always make people doubt the corruption of capitalism. How could such a building be corrupted?
Wang Sheng doesn't like international hotels very much, and thinks that their decoration is too old, the furnishings are too complicated, and it is easy to remind people of old hotels in Taiwan. However, the international hotel is located on Nan*jing West Road, facing People's Park. The transportation is very convenient and has a good dining room. It is very convenient for business trips. Therefore, every time he comes to Shanghai, he still lives here.
This time I visited the International Hotel, Sucheng's choice.
When I entered Fengze Tower, I saw Sucheng as if a country bumpkin had entered the city. I was restlessly observing the historic Italian silverware, German ceramic tiles, and old-style menus...
Wang Sheng smiled, and the scenes of them appearing in his mind when Kempinski participated in the bidding together.
"Dong Su." Wang Sheng walked quickly towards Sucheng with a smile.
"Mr. Wang is here." Su Cheng pushed away the chair and came forward.
Seeing that he did not grasp the identity of "Director Su", Wang Sheng was in a great mood and smiled and said, "I heard that Director Su wants to be a real estate tycoon, so I can't eat it. Have you bought it?"
Su Cheng nodded and said, "It's 5 square kilometers in total."
5 square kilometers are about 7,500 acres, making it a better campus area for a key university. In terms of the location of Pudong at this time, it is equivalent to demarcating a new university campus.
Wang Sheng thought of the land price in Pudong, and felt a little nervous and asked, "Have you paid?"
"Paid a deposit."
Wang Sheng felt cold and his good mood disappeared without a trace. He said: "It seems that Mr. Su is going to give up the petrochemical base of Formosa Plastics?"
Su Chengqi said: "Why?"
Wang Sheng looked at his expression and said laughing and crying: "The 5 square kilometers of land costs US$100 million or 200 million. Formosa Plastics' petrochemical base is about to be launched, with the first investment exceeding US$1 billion. Could it be that Mr. Su can find other investors?"
The core of Formosa Plastics' $7 billion plan is to build a 450,000-ton or 600,000-ton large ethylene project. Surrounding projects may be built on their own or handed over to a supporting factory in Taiwan. Because of natural gas, Sucheng chose an equally important methanol project. However, if he could not afford to pay, Formosa Plastic would not be able to raise hundreds of millions of funds for him.
Wang Shengxian was very regretful. He said: "In the past year, we have paid US$27 million just to purchase technology. There are core technologies involved in projects such as oil refining, light oil cracking, artificial paper mills, BP plants and low-density polyethylene plants with an annual output of 240,000 tons. If Dahua Industrial joins the Haicang plan, these technologies can be shared. But I estimate that it will only be half a year at most by the official launch of the plan. Alas... Why did Mr. Su suddenly buy real estate?"
"You misunderstood." Su Cheng laughed twice and said, "Pudong real estate only needs to pay a deposit, and I will talk about it in the remaining 5 years. I am going to use it to serve as the headquarters and Dahua Laboratory station."
Wang Sheng covered his chest, turned his worries into joy, and couldn't help but smile and said, "Dr. Su, you're scared me to death. So, are you rich in cash in your hands?"
"When you officially start, funding is not a problem." Su Cheng suddenly felt a little funny and thought to himself: Maybe only I will know how difficult it is to start the Formosa Plastics Petrochemical Base.
Wang Sheng didn't know what Su Cheng was thinking, and he was already excited and slapped his thigh and said, "That's great. Director Su, I have been formally entrusted by the Formosa Plastics Board as a contact person for the methanol project. Now, the land allocated by Xiamenhai*cang has begun to level the work. I heard in private that there is also the mechanized engineering corps of the military, and the scene is grand. It can be seen that the will of the upper layer of the mainland is very firm."
Su Cheng nodded and smiled and said, "People are so annoying. In just one word, your Chairman Wang, the government will allocate 10,000 hectares of land free of charge. In this way, it is a free 100 square kilometers."
"Mr. Deng said that if 10,000 hectares are used up, 5,000 hectares of land can be allocated from the adjacent Zhangzhou, so it is 150 square kilometers in total." In order to stabilize Sucheng, Wang Sheng said in a high-profile manner: "We have market, technology, and high-level support, why not the Haicang Plan cannot be implemented."
Unfortunately, there is no support from Taiwan’s political circles. Su Cheng kept a whisper in his heart and didn’t say it out.
He has his own idea. Regardless of whether the "Haicang Plan" in history is successful, the benefits of implementing it will be immediate. It not only means rich profits and industry status, but also has a strong driving force for a country's petrochemical industry. It can be considered modest to say that it is accelerating for five years or ten years. If it were not for this, China's national leaders would not receive the Formosa Plastics delegation repeatedly and give extremely preferential plans. The Taiwanese political circle will not break up and must stop the "Haicang Plan".
For such a large project, success or failure is both inevitable and accidental.
Even if it failed in history, Sucheng wanted to "rescue it".
With this idea, Su Cheng cooperated and said: "I will naturally prepare the funds and raw materials for the methanol project. In terms of technology, can Formosa Plastic help?"
"It should be. Let me think about it, is Mr. Su still going to use natural gas as raw materials to produce methanol? What about the output?"
"More than 100,000 tons." This scale is absolutely advanced in 1990. However, large-scale industrial production must be considered for development. If it starts in 1990, it will take one or two years if it goes well. If it doesn't go well, it will be possible in five or ten years. There are countless examples of this. Formosa Plastics finally gave up the Haicang plan and waited for nearly 10 years to build its own "Six Light" project in Taiwan. Moreover, projects with investment of hundreds of millions or even billions will have to be used for at least twenty or thirty years. The scale is too small and the yield is too low, and it will be easily eliminated.
The characteristics of large-scale industry determine its non-speculative nature. Therefore, petrochemical companies are clearly seeing the price increase of upstream petrochemical raw materials such as ethylene, and few people go to build them.
It doesn’t make sense if the scale is small. Unless there is an absolute advantage in some aspects, purely economic theory is purely a loss. When the scale is large, the investment will be greater and the risk will increase.
If Formosa Plastics Group had not had a capital of tens of billions, it would not have dared to leverage a heavy investment plan of US$7 billion. In fact, the scale of CNPC and Sinopec in 1990 was not small. They would not dare to make such a large-scale investment in their own country, and they would have imagined the risks.
Wang Sheng has always admired Su Cheng's work and encouraged him in admiration: "It is worthy of being Chairman Su. This scale is perfect for Haicang's plan. Well, methanol equipment is actually relatively simple, with 100,000 tons of methanol. The main technology is concentrated in the synthesis tower, how about outbound purchases?"
"I can only buy it out. However, I tend to buy technology at the same time, that is, a set of 100,000-ton methanol equipment, and at the same time transfer relevant technologies, so that we can produce it ourselves to reduce costs." This is China's consistent practice and one of the most useful solutions in the market for changing technology.
Wang Sheng was not surprised and said, "I will organize a piece of information about methanol equipment manufacturers for you. Formosa Plastics has also had a deeper understanding of the industry over the years. We have some information, which is quite useful."
He is talking about his own intelligence system. Petroleum and petrochemical companies, like other large consortiums, pay attention to intelligence. After a long period of accumulation, there are many benefits, such as which company is willing to transfer technology and how valuable the transferred technology is, it must be analyzed by itself to get a conclusion. The manufacturer's own publicity is definitely unreliable.
Of course, this kind of intelligence is not spy-like intelligence. Instead, it is mainly collected and publicly collected by the company's foreign departments, cooperate with some private information exchange and their own analysis and sorting, and finally form information.
After confirming the intention to cooperate, both parties relaxed.
Su Cheng clapped his hands and called the waiter, asked Wang Sheng to order food, and then said with a smile: "I brought my girlfriend here, she is still resting in the room, so I'll tell her to come down."
"Oh, then order food when she comes."
"No, just a little bit more weight." Su Cheng signaled the waiter to call.
Wang Sheng ordered a full table of dishes and ordered drinks and red wine.
After a while, Shu Lan jumped out of the elevator. She wore a knee-length skirt and a white floral shirt. She was unconsciously fashionable, but she had an unconcealed youth and innocence, and was surrounded by a relaxed atmosphere.
"Hello, Mr. Wang." Shu Lan called sweetly, then leaned in Su Cheng's ear and said softly: "Hello Brother Su."
Su Cheng's body was soft.
Shu Lan sat up straight at this time and began to study the dishes. She poured wine and drinks for everyone. She was so obedient that she felt pity.
Wang Sheng was surprised that Shu Lan was young, and then he thought, Su Cheng was only in his 20s. This thought made him shake his head and look up to observe Su Cheng carefully, and he was not able to see his real age.
If you are too calm, your temperament will be different.
The Chinese food ended quickly, and Shulan conquered the restaurant and guests with her amazing appetite and slim figure.
After Su Cheng had enough, he poured tea for Shulan leisurely while saying slowly: "Since the methanol project has been decided, I am going to start construction as soon as possible."
The tone is leisurely, and the semantics are sudden.
Wang Sheng choked by the light green tea, coughed repeatedly, and said, "The main negotiations on the Haicang Plan have not yet ended, so why has it been built?"
"Negotiations are negotiations, preparations are preparations. Didn't you also spend money to buy technology? The government also sent troops to level the land? I can buy equipment and do a good job in factory construction. After signing the agreement, I can simply lift it up and then put it into production." Su Cheng was setting up an operating table for "rescue". The Haicang plan in later generations died before it was implemented. Not only did Formosa Plastics completely withdraw, but the upper-level domestic team also quietly retreated. Since Dahua Industrial participated and was committed to rescuing it, in addition to finding a way to keep Formosa Plastics, it also had to find a way to keep the 901 project discount. He didn't want to wait for the Haicang plan to end and have another two years of marathon negotiations.
If a project that is not dead, it will die even after a while.
Wang Sheng was confused: "I have been talking about Haicang's plan for two or three years. I don't dare to guarantee it, how long it will take to enter the substantive stage. If you build a methanol project, a supporting port, a thermal power station, a water plant and environmental protection, and you don't have time to keep up with the accommodation, what should you do? The loss will be huge."
"If I just wait for half a year, it doesn't matter. If the negotiation is not completed in the end, I will think that I have built a 100,000-ton methanol project, and I can expand production. If 100,000 tons is built, it will be fine to launch another 200,000 tons." The 100,000-ton methanol project, placed anywhere in the country, is considered a big project. Only with the Haicang plan, will it be a bit inconspicuous.
Wang Sheng understood a little, but he was a little confused: "Dr. Su, your personality... is too urgent."
"Time is not enough. Sometimes, if the material preparation is too sufficient, the originally sufficient political preparation will become weak." Su Cheng blinked and said, "Even if Mr. Wang is asked to contact us, we should first establish the location of the methanol project."
Wang Sheng's lips moved twice, and finally turned into a heavy sigh: "Okay, I'll contact the headquarters when I go back tonight."
Before coming, he was worried that Su Cheng would give up participating in the "Haicang Plan". Now, he was worried because Su Cheng was too active. His mood was so ups and downs that Wang Sheng was filled with worries.
Su Cheng patted Wang Sheng's shoulder to show comfort.
To rescue the "Haicang Plan", it must change its operating inertia. As far as Sucheng is concerned, Formosa Plastics Group's hesitation is an important factor affecting the final result.
Because the Haicang Plan touched the hearts of the highest levels on both sides of the Taiwan Strait, without the right to speak, directly starting construction is the safest and most exciting solution that Sucheng can think of.
Neither party will turn a blind eye to a $200 million project.
This is also a solemn vote cast by Su Cheng.
Maybe not decisive, but it is influential.
Chapter completed!