|
Project Title
|
Acrylonitrile
|
Cooperation
Form
|
Joint Venture or Cooperation
|
|
|
ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
|
The
scale of production: an annual output of 100,000T acrylonitrile
and its by-products of crude acetonitrile, ammonium sulfate
and hydrocyanic acid.
Acrylonitrile is used to produce acrylonitrile fibre,
ABS,and SAN resin. Acrylonitrile and its lower-reach products
have been not meeting the demand for production in the country,
and are gradually increasing in import. It has a ready market
in the country.
It is predicted to make 13,2 billion yuan in an annual
sales income with the annual profit of 180 million yuan. |
Equipment Tobe Importedand Rawmaterials to Be Supplied
|
Intended
to introduce equipment and technology, and import acryl material. |
Estimated Investment and Benefit Analysis
|
Total
Investment
|
USD
14.4 billion
|
Registered
Capital
|
USD
48 million
|
Annual
Salesincome
|
RMB
13.2 billion
|
|
Investment Form of Foreign Partner
|
Annual
profit
|
RMB
180 million
|
|
Cash
|
Technology
|
Equipment
|
Brand
|
Others
|
Internal
Rateof
Recovery
|
20 percent
|
|
¡Ì
|
¡Ì
|
¡Ì
|
-
|
-
|
Recovery
Periodof
Investment
|
6 years
|
Present Status of Chinese Partner(Current Ownership, Total
Assets and Fixedassets, Present Products and Sales, Present
Equipment Andtechnology and Facilities, etc.)
|
Ningbo Development
& Construction Group Corp. , Ltd. is a state wholly-owned
firm. Directly affiliated with it are 6 wholly-owned companies
such as Ningbo Construction & Development company, and over
20 stock cimpanies including Zheyong Iron & Steel Investment
Company. It takes charge of a part of governmental functions
on investment, i.e., developmint, investment and management
of projects which are conformed to the policy of our industrial
sectors and look a good future. The investment scope includes
banking, energy, iron & steel, chemicals, electronics, pesticide,
real estate, and commerce and trade. |
|
Location Advantage
|
The
project is intended to be built in the planned Ningbo Chemicals
Area, only some kilometres away from the Beilun deep-water port
and the liquid chemicals dock, the largest in the country. It
is easily accessable by sea, land and air. Moreover, it is adjacent
to the China plastics City, the largest plastics collection
and dispersion in the country. The project can make full use
of superiority of Ningbo port, and is necessary for the large
vinyl project under preparation. This would keep in line with
the policy of our industrial sectors. |
|
Process of The Project
|
The project
is now under preraration. |
Document
Savailable
|
Preliminary
feasibility study |
|
Chinese Partner to Contact
|
Ningbo
Planning Commission |
Person to
Contact
|
Liang
Feng |
|
Address
|
91 North
Jiefang Rd., Ningbo, China |
Post Code
|
315010 |
|
Telephone
|
0086-574-87186866 |
Fax
|
0086-574-87362364 |
|
E-mail
|
- |
Website
|
www.nbdpc.gov.cn |
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
|