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Multi-function Differential Viscose Staple Fibre Project of Tangshan Sanyou Chemical Fibre Company Ltd.

1.     The brief instruction of the project

Construction description;

  The international and domestic mature process will be used for reforming the existing viscose staple fibre production line in this project in order to optimize product structure and increase additional value & enterprise benefit.

      Scale; 15,000 t/a multi-functional differential excellent viscose staple fibre

      Design capacity; 15,000 t/a multi-functional differential viscose staple fibre

      HWMV 10,000t/a;Special viscose staple fibre for medicine 5,000 t/a

      By-product: glauber salt 4500 t/a

  The related technology and equipment is going to be imported; HWMV technology and equipment.

   The schedule of the project: this project will be carried out from January 2004 to June 2005.

2. Estimated Project Investment and the source of the capital

   Estimated Project Investment:22,890,000 usd。

   Estimated amount of foreign investment: will be decided by consultation 。

   The source of our capital:Self-collection and loan.

3.Construction conditions;

   The company has the production capacity of 60,000 t/a viscose staple fibre, and key facilities and main technology were imported from Lenzing of Austria and Ebner of Germany. Its technical facilities have reached the advanced international level, which lead the first rank in the viscose staple fibre industry field of China.

   The supply of raw material, the personnel and technological advantages will be used fully, and the supply of water, power and steam will be solved by Sanyou Group. 

4. Market analysis

At present, there is no any other enterprise to produce HWMV and specially used fibre in medicine, Such kinds of fibre will occupy the domestic market instead of the imported  fibre quickly, and its exporting prospect is very well.  

5. Economic benefit analysis:

   After the plant is put into operation, the expected capacity:     

        15,000 t/a multi-functional differential viscose staple fibre

        HWMV 10,000t/a;

        Special viscose staple fibre for medicine 5,000 t/a

        By-product: glauber salt 4500 t/a

The sales income is 12,530,000 USD;

Profit after tax :4,630,000 USD;

The internal rate of return: 24%;

The recovery period: 5.45 years  

6. The project schedule

As an important project, it will be put into operation in 2004. 

7.The brief instruction of the company                               

Company’s name

Tangshan Chemical Fibre Company, Tangshan Sanyou Group

Registered address

Nanpu Development Zone, Tangshan City, Hebei Province

Registered time

1998

Registered capital

2,564,000 USD

Stock structure

Domestic legal stock:

Industry

Textile

Enterprise characteristic

State-owned

Large scale

 

Debt information

Total property

128,000,000 USD

Fixed assets

107,000,000 USD

Total debt

85,680,000 USD

Main productcapacity & sales

Viscoe Staple Fibre capacity: 6.30,000 t/aThe rate of production and sale is 100%.

Sales  income

50,000,000 USD in 2003

Net profit

940,000 USD in 2003

Occupied area

200,000 M2

Construction area

45,000 M2

Staff members

1213

Personnel structure

Management: 85Technician :350

Researchers :45Sale members:35

Production members:600 other:98

Company addr.

Tangshan Nanpu Development Zone, Hebei, PRC

Brief instruction of

company

Added

Mail addr.

Tangshan Chemical Fibre Compayn, Ltd.

Nanpu Development Zone,

Tangshan, Hebei

Post code

063305

Legal person

Yao Zhiyi

Tel.

0315-8333988

           

 8. Cooperation form

Both joint venture and cooperation are available (the exact cooperation form may be decided by both sides through consultation).

9Person in charge of the project and contacting method

Person in charge: Zhang Xuefeng

Tel: 86-0315-8517177  86-0315-8511277

Fax: 86-0315-8519188 

 
 
 
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