| Name of Project: |
Construction of Production Line
with Capacity of Annually Producing 500,000 Tons of Polyvinyl
Chloride |
| Project Organization: |
The Sun Mountain Resettlement and Development
Area Administrative Board is a representative office of
Wuzhong City Government, which has the right to administrate
economy at county level. The development area is gifted
with more than 20 mineral resources such as coal, dolomite
and limestone. With the backing of the abundant recourses,
convenient transport, sufficient power supply and rich
water sources, propriety has been given to the planning
and the construction of such four industrial areas as
coal chemo-industry, power industry, magnesium and magnesium
alloy based new materials industry and building material
industry in the development area. Renowned enterprises
such as Ningxia Power Generating Group, China Sunshine
Investment Group and Qinghua Group of Inner Mongolia have
been introduced into the area. It is expected that the
investment in the Sun Mountain Development will reach
30 billion Yuan during the Eleventh Five-Year Plan Period.
The development area will then become an important economic
growth engine in Ningxia. |
| Project Content and Scale: |
The project constriction will be implemented
in the Sun Mountain Development Area of Wuzhong City which
covers a total area of 40 hectors. In the area, construction
of the production line with the capacity of annually producing
500,000 tons of PVC, workshop construction, equipment
procurement and the construction of affiliated and associated
facilities will be conducted and completed. |
| Conditions Available for Project Construction: |
The Sun Mountain Development Area in Wuzhong
City is gifted with abundant coal, calcium carbide and
limestone resources which ensure an adequate supply of
raw materials. With the comprehensive utilization of resources
and electricity supplied by the power plan, the cost of
power is considerably low. In addition, with the calcium
carbide based on the area¨s limestone and cement produced
on the basis of the reclaimed and reused calcium carbide
residues, the project construction cost will be efficiently
reduced. |
| Prospect for the Proposed Project: |
PVC is the staple material for plastic-based
chemi-industy. The consumption amount of the material
is enormous. The cost of PVC production based on ethylene
technique is high due to the price of petroleum that remains
high. The cost of PVC production based on calcium carbide
technique is, however, much lower and bring a large margin
of profit. Viewing from this standpoint, the product will
be competitive in marketplace and will therefore sees
a spacious market space. |
| Investment Evaluation and Profit Estimates: |
3.75 billion yuan. Annual sales income
will reach 2.7 billion yuan with the completion of the
project. |
| Project Progress: |
The project planning has been completed.. |
| Form of Cooperation: |
Cooperation or exclusive ownership and
management. |
| Contact Organization: |
The Economic Development
Bureau of the Sun Mountain Resettlement & Development
Area Administrative Board. |
Contact Person: |
Wang Yi¨ning |
| Phone Number: |
0953 - 5097020 |
Fax Number: |
0953 - 5097007 |
| Address: |
The Economic Development Bureau
of the Sun Mountain Resettlement & Development Area
Administrative Board of Wuzhong City, Ningxia. |
E-mail: |
wyn13895159621@163.com |
