| 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$) | 76.78 million |
Foreign Currency (US$) |
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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$) | 23.3 million |
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| Others(specify) (US$) | |||||||||||||||||||||||
| 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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