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

Ser. No: 093 Industry: Petrochemicals
March, 2001
Project Title
Thermoplastic Styrene- butadiene Rubber
Cooperation
Form
Joint Venture

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
Styrene-butadiene is the three block polymer which takes styrene and butadiene as monomer. It is regarded as the styren thermoplastic elastomer with maximum output. Its applications are mainly as follows: a. rubber products, b. plastic modifying agent c. adhesive agent , and d. asphalt modifying agent. it is required to import the styrene-butadiene rubber for about 80,000 tons annually in our country.
It is predicted to make 265. 6 million yuan in the annual sales income, including 50 million yuan in the annuual profit.

Equipment Tobe Importedand Rawmaterials to Be Supplied

It is intended to introduce foreign technology and key equipment, and import styrene and butadiene by means of Ningbo liquified chemicals dock.

Estimated Investment and Benefit Analysis

Total
Investment
USD
30 million
Registered
Capital
USD
12 million
Annual
Salesincome
RMB
265.6 million
Investment Form of Foreign Partner
Annual
profit
RMB
50 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
20 percent
¡Ì
-
-
-
-
Recovery
Periodof
Investment
3.3 years

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

Ningbo chemicals Holding (Group) Co, Ltd. has a total asset of RMB 847 million yuan with the net assets of RMB 352 million yuan. Ningbo chemicals come in five varieties with over 60 specifications, including agricultural chemicals, basic chemical raw materials, rubber products, fine chemicals and chemical machinery. Main products for export are pesticide, chemicals, pharmaceuticals, dyestuff, paint, leather products, rubber shoes and so on. Its annual export turnover recorded US$ 23 million.
Location Advantage
Planned to be established in Ningbo Chemical Industry Development Zone approved by Ningbo People's Government.
Process of The Project
Foreign investment promotion.
Document
Savailable
Project Proposal
Chinese Partner to Contact
Ningbo Chemicals Holding ( Group) Co. , Ltd.
Person to
Contact
Ma Yongxiang
Address
18th floor, Lingqiao Plaza Mansion, 31, Yaohang street, Ningbo, China.
Post Code
315000
Telephone
0086 - 574 - 87299201, 87295783
Fax
0086 - 574 - 87291889
E-mail
ncihc@ pub.cnnb.net
Website
www.ningbochemical.com

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