| Brief Profiles Of Investment Projects
For China's Agenda 21 |
| Title | Glass Marble | ||||||||||||||||||||||||
| Type | New production | ||||||||||||||||||||||||
| Description | |||||||||||||||||||||||||
| A process for producing glass marble has been developed by Sanyi company of Shandong province. The main raw material is tailings from gold-mining. The product is a marbleised glass emulsion with good appearance, excellent physical, mechanical and chemical properties, and low price. The properties meet or exceed those of natural marble and granite in most important respects. It has a very attractive appearance, high gloss finish and balanced inner and outer qualities. The application is primarily as a decorative building material, substituting for the more costly natural marble. The composition, properties and appearance can be adjusted by the formulation and production parameters, during melting, forming, coloring, annealing and cold processing (cutting, glazing, polishing). During this project the process will be further developed and a plant will be established for commercial production. The capacity of the proposed plant is 400,000 m*m per year. | |||||||||||||||||||||||||
| Rationale | |||||||||||||||||||||||||
| Glass marbles produced from gold-mine tailings have good quality, beautiful appearance and low price. More than 1 million m*m are demanded by domestic and export markets. There has been strong interest expressed by some potential domestic buyers. About 70% of the raw materials is gold-mine tailings, which would ordinarily be discarded as a waste material. The reclamation of these tailings protects cultivated land and improves the environment. The project will supply jobs, generate foreign exchange, and fill a domestic need for decorative construction materials. | |||||||||||||||||||||||||
| Products | |||||||||||||||||||||||||
| Glass marble plate: 400,000 m*m per year (1-2 cm thickness); also glass marble special vessels, arts and crafts products, sanitary ware | |||||||||||||||||||||||||
| Location | Economic & Technological Development Zone, Laizhou, Shandong province | ||||||||||||||||||||||||
| Available Information | Feasibility Study; Technical Report | ||||||||||||||||||||||||
| Total Investment (US$) | 6 million |
Foreign Currency (US$) |
3 million | ||||||||||||||||||||||
Financing |
Co-operation Sought | ||||||||||||||||||||||||
| Total Equity (US$) | 5.0 million |
Joint Venture | |||||||||||||||||||||||
| Of which Equity Foreign Partner (US$) | 2.25 million |
Cooperative Production | |||||||||||||||||||||||
| Loan (US$) | 1.0 million |
Market Access | |||||||||||||||||||||||
| Others(specify) (US$) | |||||||||||||||||||||||||
| Indicators of Viability | Estimated Annual Gross Sales: US$ 10 million; Annual Profit: US$ 3 million; Pay-back Period: 3.5 years | ||||||||||||||||||||||||
INFORMATION ON SPONSOR | |||||||||||||||||||||||||
| Name | Laizhou Sanyi Construction and Decoration Materials Co. Ltd | Tel | +86-535-221580 | ||||||||||||||||||||||
| Address | Laizhou E & T Development Zone, Shandong province | Fax | |||||||||||||||||||||||
| Annual Turnover (US$) | 1993 | 1994 | 1995 | ||||||||||||||||||||||
| Year of Establishment | 1995 | No. of Employees | 100 | Ownership | State | ||||||||||||||||||||
| Fixed Assets (US$) | 1.8 million | Registered Capital (US$) | 1.02 million | ||||||||||||||||||||||
| Land (ha.) | 5 | Building (m*m) | 6,000 | Equipment (US$) | 650,000 | ||||||||||||||||||||
Text Browser Utilities: [Contents Home Page]