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Comprehensive development and utilization of natural gas in Hetian
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Project name and main contents:
1. Project of producing 45,000 tons acetylene per year:
Major product--acetylene can meet with 100,000 tons acetylene consumption amount of PVC device every year, and by-produced syngas can be used in carbinol device production. Main raw materials include natural gas, oxygen, NMP (N-Methyl-Pyrrolidone) and sodiumhydroxide. Investment calculation is RMB 410 million Yuan; estimated economic benefits: 1) RMB 360 million Yuan sales income; 2) RMB 66.42 million Yuan profit tax; 3) 10.59% investment profit rate; 4) 9.14 years payback period.
2. Project of producing 350,000 tons (150,000 tons in the short run) carbinol per year:
In the short term, producing 150,000 tons carbinol per year by mainly utilizing acetylene off gas, and in the long run, considering developing 200,000 tons new extended carbinol by utilizing Hetian Area gas resources. The overall scale will be 350,000 tons per year. Main raw material is acetylene off gas. Investment calculation is RMB 150 million Yuan (scale of 150,000 tons); estimated economic benefits: 1) RMB 210 million Yuan sales income; 2) RMB 38.98 million Yuan profit tax; 3) 14.5% investment profit rate; 4) 8.8 years payback period (containing construction period).
3. Project of producing 100,000 tons polyvinylchlorid (PVC) per year by natural gas and acetylene method:
Main raw materials include acetylene, chlorine hydride, activator and chemicals. Investment calculation is RMB 557 million Yuan; estimated economic benefits: 1) RMB 650 million Yuan sales income; 2) RMB 100.26 million Yuan profit tax; 3) 12% investment profit rate; 4) 6 years payback period.
4. Project of producing 40,000 tons formaldehyde per year:
Produced formaldehyde aims to support some projects of downstream products such as urea-formaldehyde resin and melamine resin. As a result, construction scale should be considered on the ground of the demand for downstream products, and the construction scale is decided as producing 40,000 tons formaldehyde per year (counted on formaldehyde with 37% consistency). Main raw materials include carbinol, NaOH, activator. Investment calculation is RMB 40 million Yuan; estimated economic benefits: 1) RMB 44 million Yuan sales income; 2) RMB 13.8 million Yuan profit tax; 3) 15% investment profit rate; 4) 6.7 years payback period.
5. Project of producing 80,000 tons sodiumhydroxide per year:
The project produces 32% thin film liquid alkaline; main raw materials include crude salt, soda, chloride of barium, oil of vitriol, etc.. Investment calculation is RMB 450 million Yuan; estimated economic benefits: 1) RMB 240 million Yuan sales income; 2) RMB 81 million Yuan profit tax; 3) 12% investment profit rate; 4) 7 years payback period.
6. Project of producing 20,000 tons urea-formaldehyde resin per year:
Producing E1 and E2 grade urea-formaldehyde resin; main raw materials include urea, formaldehyde and additive. Investment calculation is RMB 44 million Yuan; estimated economic benefits: 1) RMB 84 million Yuan sales income; 2) RMB 14 million Yuan profit tax; 3) 23% investment profit rate; 4) 5 years payback period (containing 2 years construction period).
7. Project of producing 20,000 tons melamine resin per year:
Main raw materials include melamine, formaldehyde and activator. Investment calculation is RMB 180 million Yuan; estimated economic benefits: 1) RMB 240 million Yuan sales income; 2) RMB 57.91 million Yuan profit tax; 3) 26.8% investment profit rate; 4) 6.35 years payback period (containing 1 year construction period).
8. Project of producing 6,000 tons viscose fiber per year:
Producing viscose fiber of cotton type, medium-length, wool type, etc.; main raw material include pulp, sodiumhydroxide, vitriol and carbon bisulfide; investment calculation is RMB 450 million Yuan; estimated economic benefits: 1) RMB 200 million Yuan sales income; 2) RMB 78.41 million Yuan profit tax; 3) 12% investment profit rate; 4) 8.3 years payback period.
9. Project of producing 2,000 tons carbon bisulfide per year:
Main raw materials include natural gas and sulfur. Investment calculation is RMB 20 million Yuan; estimated economic benefits: 1) RMB 6 million Yuan sales income; 2) RMB 3 million Yuan profit tax; 3) 13% investment profit rate; 4) 7 years payback period.
10. Project of producing 300,000 tons synthetic ammonia and 520,000 tons urea per year:
Main raw materials include natural gas and fresh water. Investment calculation is RMB 1.356 billion Yuan; estimated economic benefits: 1) RMB 473 million Yuan of sales income; 2) RMB 90 million Yuan profit tax; 3) 6.6% investment profit rate; 4) 10.6 years payback period (containing 3 years construction period).
Total investment of project of comprehensive development and utilization of natural gas: RMB 3.657 billion Yuan.
Construction modes: new build or united construction or separated construction with enterprises with good conditions.
Cooperation modes: joint venture, cooperation, exclusive investment.
Former stage situations of the project: It is proved up that the geological reserve of natural gas in Moyu County of Hetian Area is 61.694 billion m3, including: 44.573 billion m3 recoverable reserves which account for 72.25% of the geological reserve.Gas transmission pipelines are all finished. The biggest gas transmission capacity is 550 million m3/year.Above mentioned 10 key projects of natural gas construction have been designed and planned by China Petroleum and Chemical Industry Planning Institute.Project contact organization: Hetian Area Investment Invitation Bureau
Contact person: Zuo Haian Luo Quan
Tel: 0903-2023140 0903-2022621
Cellphone: 13899450719 0903-6886043
Fax: 0903-2022621
Internet address: http://www.xjht.gov.cn/zhsh
E-mail：htzhaoshang@sina.com
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