|
Project Title
|
Polystyrene (PS)
|
Cooperation
Form
|
Joint Venture or Cooperation
|
|
|
ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
|
The
scale of production: an annual output of 240,000T Polystyrene.
¡¡¡¡Polystyrene is widely applied to
parts for household electric appliance, electronic products,
daily-use articles, office articles, etc. The requirements were
about 1.4 million tons in the country in 2000. However, factories
in the country can afford to supply less than 30 percent of
the total requirements for customers, and the remains is depending
upon importation. It looks to have a good future. in the country.
The products of the project are divided into two categories
of general-purpose class and high resistance to impact.
It is predicted that the annual sales income would be
19 billion yuan with the annual profit of 181 million yuan. |
Equipment Tobe Importedand Rawmaterials to Be Supplied
|
It
is intended to introduce equipment and technology, and import
raw material styrene. |
Estimated Investment and Benefit Analysis
|
Total
Investment
|
USD
156 million
|
Registered
Capital
|
USD
52 million
|
Annual
Salesincome
|
RMB
1.9 billion
|
|
Investment Form of Foreign Partner
|
Annual
profit
|
RMB
181 million
|
|
Cash
|
Technology
|
Equipment
|
Brand
|
Others
|
Internal
Rateof
Recovery
|
16 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 companies including Zheyong Iron & Steel Investment
Company. It takes charge of a part of governmental functions
on investment, i.e., development, 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
|
THE PROPOSED PROJECTS
FOR INTERNATIONAL ECONOMIC