Production Scale
150,000 tons per year
Market Prediction
Ployether Polyol (or polyether for short) is an important organic chemical material used for
making polyurethane products and surface active agent. Its downstream products are widely used in such
industries as electronics, auto, packaging, shoemaking, furniture, sealant,
refrigeration, etc. The consumption in China will increase at 5% to 7% in the
next few years. With the rapid growth of construction trade, the demand for
foam polyether will keep increasing at a fast speed. There is also large growth
margin for the demands of high elastic polyether, low-resilience recovery
polyether, polyphenylether and other special types of polyether. It is
predicted the demand for polyether by China will reach 1.4 million tons by the
year of 2015.
Project
Content
The project is located in Jining Chemical
Industrial Development Zone in Jinxiang county. Batch method is used in this
project. Polyether is made through the polyaddition reaction of initiator and
PO in the presence of a catalyst. The production process includes three steps:
pretreatment of raw materials, ring opening polymerization and post-treatment.
Supportive Facilities
The Zone has all necessary supportive
infrastructure for this project.
Investment
and Profit Analysis
The total project investment is 320 million
yuan. The sales revenue is expected to reach 3 million yuan and the yearly
profit of 188 million yuan. The ROI is 7% and the payoff period is 5 years.
Project Progress
Preparation work is in progress.
Cooperative
Means
Joint venture, sole proprietorship or
joint-stock system