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

Ser. No: 098 Industry: Petrochemicals
March, 2001
Project Title
Hydrogen Peroxide by Anthraquinone Methode
Cooperation
Form
Joint Venture or Cooperation

Project
Description

ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
The scale of production: an annual output of 40,000T hydrogen peroxide by anthraquinone methode (27.5 percent), including 10,000T concentrated hydrogen peroxide(50 percent).
Hydrogen peroxide is widely applied to paper, chemical compounds, textile, water treatment, etc., and its applications are increasingly wide, enjoying a brisk market. The requirement for it is 60,000 or 70,000 tons in Ningbo area,but its present production is only 15,000 tons.
It is predicted to make 50 million yuan in the annual sales income with the annual profit of 10 million yuan.

Equipment Tobe Importedand Rawmaterials to Be Supplied

Key equipment to be imported.

Estimated Investment and Benefit Analysis

Total
Investment
USD
5.6 million
Registered
Capital
USD
2.8 million
Annual
Salesincome
RMB
50 million
Investment Form of Foreign Partner
Annual
profit
RMB
10 million
Cash
Technology
Equipment
Brand
Others
Internal
Rateof
Recovery
20 percent
¡Ì
-
-
-
-
Recovery
Periodof
Investment
4.5 years

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

Ningbo Chemicals Plant is the backbone of medium-sized enterprises. Its main products include hydrogen peroxide, liquified carbon deoxide, liquid ammonia and ammonium bicarbonate. It can be provided with the fixed assets of 50 million yuan. Over the years, its all economic and technical specifications are among the best of the successful candidates in the same industry. The plant was awarded with the titles of "the advanced enterprise for small nitrogen fertilizer in the country from the Ministry of Chemicals", "the advanced enterprise in the province and the city", and "the AAA-grade enterprise for credit".
Location Advantage
Intended to be built in Ningbo Chemical Industry 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, 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