Production Scale
50,000 tons per year
Market Prediction
PTMEG
(polyoxytetramethylene) is the most important raw material for making spandex
fiber and high grade polyurethane elastomer. It is widely used in making
aviation products, military products, auto parts, medical equipment and
artificial organs. To produce every ton of spandex fiber, 700 kilograms of
PTMEG is needed. Since the demand for spandex fiber has been growing very fast
in both China and abroad, the price of PTMEG also grow at a fast speed.
Project
Content
The
project is located in Jining Chemical Industrial Development Zone in Jinxiang
county. Solid Catalyst method is used in this project and the raw material is
1,4-butanediol, which is used for making THF, which is used for making PTMEG.
The specific technique will be determined when the project is implemented
according to the environmental protection rules.
Supportive Facilities
The Zone has all necessary supportive infrastructure
for this project.
Investment
and Profit Analysis
The total project investment is 820 million yuan.
The sales revenue is expected to reach 1.2 billion yuan and the yearly profit
of 130 million yuan. The ROI is 15% and the payoff period is 5years.
Project
Progress
Preparation work is in progress.
Cooperative
Means
Joint venture, sole proprietorship or
joint-stock system