| Brief Profiles Of Investment Projects
For China's Agenda 21 |
| Title | Phosphorous Flue Gas Collection and Utilisation | ||||||||||||||||||||||||||
| Type | Establishment of treatment capacity and production of methauol by-products | ||||||||||||||||||||||||||
| Description | |||||||||||||||||||||||||||
| Flue gas from the production of phosphorous will be collected and treated with a process consisting of the following stages: wet scrubbing, alkaline washing, activated carbon absorption, pressurisation by compressed H2, methanol (CH3OH) synthesis, and methanol rectification. The activities include preliminary engineering design, equipment improvement, purchase and installation, testing, and operation. | |||||||||||||||||||||||||||
| Rationale | |||||||||||||||||||||||||||
| Phosphorus flue gas is the by-product of phosphorus production by electric furnace in Sanonda Co. Ltd. It contains pollutants such as CO, P2O5, As, F and SO2, which have caused serious air pollution and adverse health effects for the local population. The selected treatment process will remove air pollutants, and will by-produce methanol, helping to satisfy the urgent demand for this raw material. | |||||||||||||||||||||||||||
| Outputs | |||||||||||||||||||||||||||
Established treatment facilities with a capacity of 5.0 million m*m*m/year; By-production of 7000 tons methanol /year. | |||||||||||||||||||||||||||
| Location | Eastern Suburb of Jingsha city, Hubei province | ||||||||||||||||||||||||||
| Available Information | Pre-feasibility Study | ||||||||||||||||||||||||||
| Total Investment (US$) | 9.0 million |
Foreign Currency (US$) |
4.5 million | ||||||||||||||||||||||||
Financing |
Co-operation Sought | ||||||||||||||||||||||||||
| Total Equity (US$) | 7.2 million |
Joint Venture | |||||||||||||||||||||||||
| Of which Equity Foreign Partner (US$) | 2.7 million |
Co-operative Production | |||||||||||||||||||||||||
| Loan (US$) | 0.9 million |
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| Others(specify) (US$) | 0.9 million (grant) |
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| Indicators of Viability | Return on Investment: 12.4%; Pay-back Period: 7.1 years NPV (at the discount rate of 12%): US$ 1.74 million; IRR: 16.1% | ||||||||||||||||||||||||||
INFORMATION ON SPONSOR | |||||||||||||||||||||||||||
| Name | Hubei Sanonda Co., LTD. | Tel | +86-716-316792 | ||||||||||||||||||||||||
| Address | Eastern Suburb of Jingsha city, Hubei province | Fax | |||||||||||||||||||||||||
| Annual Turnover (US$) | 1993 | 29.7 million | 1994 | 45.0 million | 1995 | 78.4 million | |||||||||||||||||||||
| Year of Establishment | 1958 | No. of Employees | 4641 | Ownership | State | ||||||||||||||||||||||
| Fixed Assets (US$) | 32.9 million | Registered Capital (US$) | |||||||||||||||||||||||||
| Land (ha.) | 49 | Building (m*m) | 154,128 | Equipment (US$) | 20.6 million | ||||||||||||||||||||||
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