70,000 tons per year
Epoxy resin has excellent intensity, toughness,
chemical resistance, inoxidability, water-proofness, mildew resistance, heat
and cold resistance, cementability and electrical property. It is widely used
in many ways including protective painting, electrical packaging, adhesives,
and various composite materials. The market demand is predicted to be 3 million
tons by the year of 2015, with an annual increase rate of 6%. The demand of
Asian countries increase very fast, especially China, with an increase rate of
11.6%. The import of epoxide resin of recent years has increased at 20% yearly.
The fast development of auto, information, energy, transportation, construction
and other industries all bring huge demand for epoxide resin.
The project is located in Jining Chemical
Industrial Development Zone in Jinxiang county. The continuation method will be
deployed in this project, which refers to the continuous feeding of materials
and continuous recycling of mixed solvent during the condensation reaction
process of biphenyl A with epichlorohyrin. This method is mature, easy to
control and the products enjoy stable quality. The project also involves
purchase of reaction equipment.
The Zone has all necessary supportive infrastructure
for this project.
Investment and Profit Analysis
The total project investment is 520 million
yuan. The sales revenue is expected to reach 1.09 billion yuan and the yearly
profit of 120 million yuan. The ROI is 22% and the payoff period is 5 years.
Preparation work is in progress.
Joint venture, sole proprietorship or