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Ⅰ. Brief Introduction to the Project
1. Name of the Project: Reed Pulping and Papermaking
2. Total Investment: RMB 441 million
3. Survey of the Project:
(1) Product Name and Scale: 61,200 tons of reed pulp per year; 75,000 tons of superfine writing paper; 100,000 tons of fluting base paper.
(2) Material supply: reed is the major raw material. Panjin is the largest reed production base in China, with reed production of over 500,000 tons. Other auxiliary material will be purchased in northeast China.
(3) Production Technology: the Project will use well proved vanguard technology in China, including dry and wet stock preparation, alkaline system continuous cooking, vacuum pulp washing, closed screening and ECF discoloration. Bleaching whiteness of reed pulp may reach over 85%, with higher strength, which is suitable for producing top grade culture paper. During producing culture paper, advanced culture paper production line in China will be used. Some merchandised softwood pulp will be added. After neutrality gluing, it can ensure product quality of top grade paper.
(4) Environmental Protection Measures: Mature advanced technology in China will be used for solving problems of pulping black liquor and water pollution in midsection, i.e. generally used combustion method alkali recovery technology will be used for pulping black liquor, to fully recover sodium hydroxide and energy in black liquor. Papermaking white water is only used in papermaking shop; redundant white water will be processed by super-efficient shallow layer flotation and then enters pulping shop. Water of midsection of pulping shop will be materialized in sewage treatment plant and be submitted to secondary biochemical treatment, then enter oxidation pond for advanced treatment, and finally reach standard of colorless and tasteless, meeting local standard of Liaoning Province, which is stricter than national standard. After treatment, some water will returned for production, and the rest will be used for reed field irrigation.
4. Market Analysis: The Project possesses favorable market prospect. Yearly average culture paper consumption in China during recent two years is over 10 million tons. Owing to south-north water transfer engineering construction, some of the papermaking production line in Shandong province was closed, further increasing market gap. Up to now, there is not any manufacturer, which can produce the product, so market prospect is very good.
5. Economic Analysis:
(1) Total investment: RMB 441 million (including RMB 16.69 million of initial circulating fund).
(2) Annual Sales Revenue: RMB 386 million
(3) Annual Profit and Tax: RMB 70.28 million, including RMB 21.66 million tax
(4) Static Investment Payback Period (before tax): 7.3 years
6. Project Progress: Feasibility study report completed; project application in process.
7. Way of Cooperation:
Conditions and Investment Proportion Contributed by Chinese Part: contribution of funds and land, ratio of contributions to be determined.
Conditions and Investment Proportion contributed by Foreign Part: contribution of funds.
Ⅱ. Brief Introduction of Chinese Partner:
1. Name: Liaoning Zhenxing Ecological Group
2. Type of Ownership: Private
3. Scope of Business: Real estate, ecological breeding, grog shop, drinking services etc.
4. Address: Xinglongtai District, Panjin
5. Number of Employees: 1200
6. Annual Sales Revenue: RMB 300 million
7. Contact Unit:
Liaoning Panjin Industrial Project Planning Office
Liaison: Cui Xuehui
Telephone and fax: 0427-2816611
E-mail: lpcxh@126.com
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