|
Project Title
|
High-purity Chloroacetic Acid
|
Cooperation
Form
|
Joint Venture
|
|
|
ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
|
The
scale of production: an annual output of 30,000 T high- purity
chloroacetic acid.
Chloroacetic acid, an organic chemical material, is widely
applied to pesticide, pharmaceuticals, dyes, daily-use chemicals,
activating agent on surface, chemicals for paper making, oil-field
chemicals, textile assistant, rubber assistant, electroplating,
essence, perfume, etc. It is estimated that the consumption
for chloroacetic acid would total over 100,000 tons by the year
2005. However, the domestic production is now only 65,000 tons,
with technology backward, resulting in a massive importation.
At present, the high-purity chloroacetic acid is hardly produced.
It is anticipated that the annual requirement for the high-purity
chloroacetic acid would be 30,000 tons in the following years.
It is estimated that the annual sales income would be
160 million yuan with the annual profit of 20 million yuan. |
Equipment Tobe Importedand Rawmaterials to Be Supplied
|
Intended
to import key equipment and technology. |
Estimated Investment and Benefit Analysis
|
Total
Investment
|
USD
20 million
|
Registered
Capital
|
USD
8 million
|
Annual
Salesincome
|
RMB
160 million
|
|
Investment Form of Foreign Partner
|
Annual
profit
|
RMB
20 million
|
|
Cash
|
Technology
|
Equipment
|
Brand
|
Others
|
Internal
Rateof
Recovery
|
15 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 Chemicals
Holding (Group) Co., Ltd. has a total asset of RMB 847 million
yuan with the net assts 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 chimicals and chemical machinery. Main products
for export are rubber shoes and so on. Its annual export turnover
recorded US 23 million dollars. |
|
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 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
|
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