|
Project Title
|
L-tartaric Acid Series at the Third Phase
|
Cooperation
Form
|
Joint Venture
|
|
|
ProjectScheme,
Construction
Planning,
Marketing Analysis,
Business Scaleand
Estimated Sales
|
The
scale of production: an annual output of 3,000 T L-tartaric
acid.
L-tartaric acid was developed by means of the advanced
technology in Ninghai Organic Chemicals Plant. This has filled
in the gaps in the country, and become an ideal product for
substitution instead of importation. At present, the requirements
for L-tartaric acid is very urgent both at the international
and domestic markets. The Chinese partner expects to put it
into production as soon as possible, and do them in large quantities.
The project covers an area of 12,500 sq.m. with the factory
buildings of 3,500 sq,m.It is required to purchase the equipment
for US 1.4 million dollars.
It is predicted that the annual sales income would be
120 million yuan with the annual profit of 18 million yuan. |
Equipment Tobe Importedand Rawmaterials to Be Supplied
|
- |
Estimated Investment and Benefit Analysis
|
Total
Investment
|
USD
2 million
|
Registered
Capital
|
USD
1.6 million
|
Annual
Salesincome
|
RMB
120 million
|
|
Investment Form of Foreign Partner
|
Annual
profit
|
RMB
18 million
|
|
Cash
|
Technology
|
Equipment
|
Brand
|
Others
|
Internal
Rateof
Recovery
|
45 percent
|
|
¡Ì
|
-
|
¡Ì
|
-
|
-
|
Recovery
Periodof
Investment
|
1 year
|
Present Status of Chinese Partner(Current Ownership, Total
Assets and Fixedassets, Present Products and Sales, Present
Equipment Andtechnology and Facilities, etc.)
|
Set up in 1993,
Ninghai Organic Chemicals Plant is specialized in producing
and marketing L-tartaric acid. It has become the largest base
for L-tartaric acid production in the country. With the fixed
assets of 30 million yuan. the plant covers an area of 20,000
sq.m. and employs 180 workers and staff members. As the advanced
management and fine-quality products are availabie in the plant,
its products are mainly exported to Europe, America, etc. |
|
Location Advantage
|
Ninghai
is situated in the coastal developed area, with the perfect
infrastructure and a convenient transpot service. It is an ideal
place for life because of the galaxy of talent, a mild climate
and an excellent environment. The county's govermment has paid
much a ttention to the economic development and the opening-up
drive, with the result that various preferential policies would
be given to overseas investors. Moreover, the govermment is
publicizing its administrative affairs in carrying out the policy
to ensure a favourable investment climate in Ninghai for overseas
investors. |
|
Process of The Project
|
Feasibility
study completed. |
Document
Savailable
|
Feasibility
study |
|
Chinese Partner to Contact
|
Ninghai
Foreign investment Administration |
Person to
Contact
|
He Jianchun |
|
Address
|
5, Renmin
Road, Chengguan Town, Ninghai, Zhejiang, China |
Post Code
|
315600 |
|
Telephone
|
0086-574-65578702,
65578709 |
Fax
|
0086-574-65583709 |
|
E-mail
|
nhzs@ninghaichina.com |
Website
|
www.ninghaichina.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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