Brief Profiles Of Investment Projects
For China's Agenda 21

 

Title Tartaric Acid and Tartrate Production
Type Modernisation of technology
Description   
A cleaner process for tartaric acid and tartrate production will be developed at the company's plant in Benxi city to decrease and remove pollutants during the production process for the purpose of enterprise development and entering the international market during the years 1997-2000. In the new process the raw materials are tartaric series - maleic anhydride and hydrogen peroxide, which will be passed through stages of solution, oxidation, and hydrolysis.
Rationale   
The adoption of cleaner production technology will increase the production yield, reduce the consumption of electrical power, coal and water, improve the product quality and shorten the production period.
Products   
Tartaric acid for electroplating, printing, dyeing, pharmaceutical, fertiliser, and food use: density >= 99.7%; melting point: 200-206 ºC; potassium hydrogen tartrates: density >= 98%; heavy metal =< 0.001%. Total capacity: 800 tpy
Location Tianqiao Street, Xihu District, Benxi city, Liaoning province
Available Information Feasibility study
Total Investment (US$)

500,000

Foreign Currency (US$)

300,000

Financing

Co-operation Sought

Total Equity (US$)

500,000

  
Of which Equity Foreign Partner (US$)

300,000

Joint Venture

Loan (US$)   

Co-operation

Others(specify) (US$)      
Indicators of Viability

Return on Investment: 20%

Payback Period: 3 years

INFORMATION ON SPONSOR

Name Benxi Xihu No.2 Chemical Engineering Plant Tel +86-414-5836567
Address Tianqiao street, Xihu district, Benxi city Fax +86-414-5837134
Annual Turnover (US$) 1993 540,000 1994 560,000 1995 560,000
Year of Establishment 1981 No. of Employees 110 Ownership Collective
Fixed Assets (US$) 150,000 Registered Capital (US$) 156,630
Land (ha.) 1665 Building (m*m) 800 Equipment (US$) 130,000

 


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