Brief Profiles Of Investment Projects
For China's Agenda 21

 

Title Calcium Magnesium Phosphate Fertilizer
Type Expansion of production
Description
Production of Calcium Magnesium Phosphate fertilizer will be expanded from 100,000 tons to 300,000 tons per year in the existing plant in Zhongxiang city, Hubei province.
Rationale
The demand for calcium magnesium phosphate compound fertilizer is very great because most of the soil in southern China lacks sufficient phosphate and calcium. The main input materials, mined phosphate, serpentine and coke are all abundantly available in Zhongxiang city. The project is classified as a priority project by the provincial government to increase agricultural productivity in Hubei province.
Products
Calcium magnesium phosphate fertilizer, P2O5 > = 15%, water content =< 0.5%; Annual production: 300,000 tons total (200,000 tons incremental)
Location Huji town, Zhongxiang city, Hubei province
Available Information (Pre)Feasibility Study
Total Investment (US$)

3.6 million

Foreign Currency (US$)

Financing

Co-operation Sought

Total Equity (US$)

Joint Venture

Of which Equity Foreign Partner (US$)

Cooperative Production

Loan (US$)
Others(specify) (US$)
Indicators of Viability Total Output Value: US$ 8 million; Annual Profit: US$ 1.2 million; Pay-back Period: 3 years; Jobs Created: 312.

INFORMATION ON SPONSOR

Name Hubei Yingzizui Phosphate Mine Tel +86-7268-848432
Address Huji town, Zhongxiang city, Hubei province Fax
Annual Turnover (US$) 1993 1994 1995 2 million
Year of Establishment 1971 No. of Employees 696 Ownership State
Fixed Assets (US$) 2.5 million Registered Capital (US$) 1 million
Land (ha.) Building (m*m) Equipment (US$) 1.8 million

 


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