THE PROPOSED PROJECTS FOR INTERNATIONAL ECONOMIC
AND TECHNICAL COOPERATION IN NINGBO IN 2001

Ser. No: 084 Industry: Light Industry
March, 2001
Project Title
High-strength Corrugated Paper and Board
Cooperation
Form
Cooperation

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 50,000T high- strength corrugated paper and 50,000T board for cattlehide boxes.
There is now not a larger- scale production line for the high-strength corrugated paper in Jiangshu, Zhejiang and Shanghai. Even in Shanghai,only one manufacturer for board of cattlehide box can be provided. It is predicted that the requirement for the packaging paper and board would be increased at an annual average rate of 10 percent or more according to Chinese Paper Association. Since the industry is developed in Zhenjiang Province and Ningbo city, the packing box and packaging paper are required in a large quantity so that they could enjoy a brisk market. The project can make full use of heat and power from our plant to save the cost.
It is anticipated that the annual sales income would be 220 million yuan with the annual profit of 27 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Intended to import the hydraulic pulper, the impurity seperating machine, the high-density residue extracting machine, the complex fibre seperating machines, the pressure screens and others. Main raw materials are available abroad.

Estimated Investment and Benefit Analysis

Total
Investment
USD
22.72 million
Registered
Capital
USD
20.3 million
Annual
Salesincome
RMB 220 million
Investment Form of Foreign Partner
Annual
profit
RMB 27 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
12 percent
¡Ì
-
-
-
-
Recovery
Periodof
Investment
7 years

Present Status of Chinese Partner(Current Ownership, Total Assets and Fixedassets, Present Products and Sales, Present Equipment Andtechnology and Facilities, etc.)

Ningbo Zhenhai Co-generation Plant, Inc., a sino-foreign joint venture, is mainly engaged in power generating and hot supply. Its assets totalled 300 million yuan. Equipped with a 12,000 Kw and another 15, 000 Kw generating sets, the plant has a total installed capacity of 54, 000 kilowatts. Four sets of 65 T chain coaling furnace are provided to have an annual generating capacity of 450 million Kwh with the gas supplying capacity of 100T/H. The plant employs 281 workers and staff members, including 85 engineers and technicians, of which graduates from institutes of higher learning and secondary technical schools have accounted for 26 percent.
Location Advantage
Backed by Zhenhai Co-generation Plant and Zhenhai port,the project site, 10 Km from Beilun port, 20Km from Lishe airport, 10Km from Hangzhou-Ningbo expresswqy and 13Km fron the train station, has a convenient transport service. Ningbo boass the largest paper base in the country, thus facilitating cooperations between us. Raw materials are available.
Process of The Project
Now under preparation.
Document
Savailable
Project proposal
Chinese Partner to Contact
The Foreign Investment Section of the Planning & Economic Commission of Zhenhai District in Ningbo
Person to
Contact
Tang Heting
Address
7, Renming Road, Zhenhai District, Ningbo, China
Post Code
315200
Telephone
0086 - 574 - 86272462
Fax
0086 - 574 - 86275904
E-mail
zhedz@mail.nb.gov.cn
Website
www.nbzh.net

Municipal Liaison Department: Ningbo Municipal Commission of Foreign Trade and Economic Cooperation
(Ningbo foreign Investment Development Board)
Address: 190 Lingqiao Road, Ningbo 315000, P.R.China
Telephone: 86-574-87327023(Information Liaison Dept.), 87315735(The First Sector Dept.), 87310671(The Second Sector Dept.)
Fax:86-574-87315992, 87327429
E-mail: xmb@ningbochina.com
Website: www.ningbochina.com