80,000 tons per year
Polyvinyl alcohol fiber is a king of
synthetic fiber made of polyvinyl alcohol (PVA). PVA fiber is classified into
water-soluble PVA, which is used in the textile industry, and high strength
high modulus PVA, which is widely used for making rubber products, coated
fabrics, plastic hoses, etc. The high strength high modulus PVA is an ideal
alternative for asbestos and has a broad market prospect. It is predicted the
market demand will increase at 19% in the next few years and by the year of 2015,
its consumption in China will reach 100,000 tons. The mass industrialization
and wide application of PVA fiber will soon come into reality, brining good
social and economic benefits.
The project is located in Jining Chemical
Industrial Development Zone in Jinxiang county. Wet gel spinning method will be
used in this project, which is environmental friendly because both the liquid
solvent and the precipitant solvent is recycled within a closed system and
environmental pollution from any waste liquor is prevented.
The Zone has all necessary supportive
infrastructure for this project.
and Profit Analysis
The total project investment is 650 million
yuan. The sales revenue is expected to reach 1.38 billion yuan and the yearly
profit, 190 million yuan. The ROI is 29% and the payoff period is 5 years (including
2 years of construction).
Preparation work is in progress.
Joint venture, sole proprietorship or