|
Project Title
|
Phthalic Anhydride
|
Cooperation
Form
|
Joint Venture or Cooperation
|
|
|
ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
|
The
scale of production: an annual output of 60,000 T phthalic anhydride,
60,000 T dioctyl (o-) phthalate, and 3,000 T fumarate, the by-product.
The domestic requirements for phthalic anhydride and
its post-product dioctyl (o-) phthalate is concentrated in Zhejiang
province. At present, factories in the country can afford to
supply 60 percent of the total phthalic anhydride consumption
for customers. Therefore, it is required to import them for
200,000 tons annually. The dioctyl (o-) phthalate is used as
the plasticizing agent for polyvinyl chloride (PVC) product
processing. The annual processing for PVC has exceeded 300,000
tons only in our province. As a result, the project would enjoy
a brisk market.
It is predicted to make 788 million yuan in annual sales
income with the annual profit of 87 million yuan. |
Equipment Tobe Importedand Rawmaterials to Be Supplied
|
Intended
to introduce main equipment and technology and import material
ortho-dimethyl benzene and octyl. |
Estimated Investment and Benefit Analysis
|
Total
Investment
|
USD
69.6 million
|
Registered
Capital
|
USD
23.3 million
|
Annual
Salesincome
|
RMB
788 million
|
|
Investment Form of Foreign Partner
|
Annual
profit
|
RMB
87 million
|
|
Cash
|
Technology
|
Equipment
|
Brand
|
Others
|
Internal
Rateof
Recovery
|
18 percent
|
|
¡Ì
|
¡Ì
|
¡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 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 preparation. |
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
|
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