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I. Brief Intruduction to Project Unit
Tengzhou Phoenix Fertilizer Co., Ltd. is a comprehensive chemical enterprise holding by Shandong Tengzhou Chenlong Energy Group Co., Ltd, with the technology support by Yankuang Lunan Fertilizer Factory. Chenlong Energy Group Corporation is mainly engaged in coal exploitation, thermal power, coal mine equipment manufacture and chemical industry production and management. In 2005, it produced 2.4 million tons of raw coal, annual sales income was 791 million yuan.
II. Project Content
1. Construction content:To produce 300 thousand tons of synthetic ammonia, 500 thousand tons of urea, 240 thousand tons of methanol annually using pressure gasification technology of coal powder.
2. Construction condition: The project was registered by the Development and Reform Commission in March, 2005(the registered number was 0500000024), and was among the key projects of 2005 in the [2005] No. 57 file issued by Shandong People’s Government.
3. Market analysis: It is estimated that from 2005 to 2020 the increase rate of fertilizer demand is between 1.5-2.5%. Structure and quality of the fertilizer demanded are especially outstanding. The demand of high concentration phosphor fertilizer, compound fertilizer and kali fertilizer, special fertilizer increases obviously. Therefore, the high concentration nitrogen urea enjoys a bright market perspective.
III. Investment Amount and Benefits
The project contains three phases with total investment of 6 billion yuan. During the first phase, the investment will be 2.2 billion yuan, covering 650 mu, which will annually produce 300,000 tons of synthetic ammonia, 500,000 tons of urea, 240 thousand tons of methanol. The annual sales income will be 950 million yuan, annual profit will be 170 million yuan.
IV. Cooperation form: Holding or Participation
Ⅴ.Contact Information
Investment Promotion Bureau of Zaozhuang City
Tel: 0632-3227620, 3691558
Fax:0632- 3221088
E-mail: tozcjk@163.com
Website : http://www.zzwjm.com
Tel: 0632-2366279
Fax: 0632-2366271
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