Brief Profiles Of Investment Projects
For China's Agenda 21

 

Title Large Scale DDGS Feed Production
Type New livestock feed production and breeding
Description
Using abundant local sources of corn and maize around Chengde city, Hebei province as main inputs, a plant will be constructed to produce alcohol (80,000 tons), DDGS feed (80,000 tons), compound feed (80,000 tons) and dry ice (40,000 tons). The production line of alcohol and feed utilize advanced equipment from national and international sources. The project also includes breeding of 10,000 head of cattle and 50,000 pigs annually; the construction of a slaughterhouse and workshops, and the development of fields for livestock breeding.
Rationale
The alcohol will be used primarily in the production of gasohol, which will replace gasoil, thereby reducing environmental pollution. By making better use of local agricultural resources, the project will help farmers to develop cultivation and husbandry techniques and to promote local agricultural development.
Products
Annual production: Alcohol: 80,000 tons; DDGS protein feed: 80,000 tons; Compound feed: 80,000 tons; Dry ice: 40,000 tons; Corn-oil: 3000 tons; Cattle: 10,000 head; Pigs: 5000 head.
Location Pingquan county, Chengde city, Hebei province
Available Information Detailed Project Description
Total Investment (US$)

76.78 million

Foreign Currency (US$)

Financing

Co-operation Sought

Total Equity (US$)

53.48 million

Joint Venture

Of which Equity Foreign Partner (US$)

38.39 million

Cooperative Production

Loan (US$)

23.3 million

Others(specify) (US$)
Indicators of Viability

Return on Investment: 27%; IRR: 30.7%;

Pay-back Period: 7 years; Break-even Point: 48%.

INFORMATION ON SPONSOR

Name Juxing Group Corporation Tel +86-314-6022854
Address Lefan Road, Pingquan county, Hebei province Fax +86-314-6023825
Annual Turnover (US$) 1993 11.6 million 1994 14.5 million 1995 16.86 million
Year of Establishment 1949 No. of Employees 1600 Ownership State
Fixed Assets (US$) 21.2 million Registered Capital (US$) 9.5 million
Land (ha.) 7.2 Building (m*m) 108,000 Equipment (US$) 18,640,000

 


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