tons per year
Carbon fiber and
its composite materials are high-tech products which are necessary for the
aviation and military industries. The global output
is about 35,000 tons, 25% of which is consumed by China. In 2009, China used
7,500 tons of carbon fiber, 46.7% was for industrial use, 40% was for sports
and leisure products, and 13.3% was for aviation use. At present, 95% of the
carbon fiber on Chinese market is imported from Japan, Taiwan or other regions
and its price has increased by 400% in the last few years. China encourages the
research and development of carbon fiber materials, particularly of
1,000-ton-scale high performance carbon fiber and polyacrylonitrile fibre, as
well as the production of large production equipment and important auxiliary
project is located in Jining Chemical Industrial Development Zone in Jinxiang
county. Industrial production of carbon fiber is classified into three types,
and this project mainly involves the PAN (polyacrylonitrile-based) type.
production process includes production and charring of protofilament. The
charring step refers to the preoxidiation, low-temperature carbonization,
high-temperature carbonization and post treatment of protofilament so as to
make it into carbon fiber containing over 90% of carbon.
Zone has all necessary supportive infrastructure for this project.
Investment and Profit Analysis
total project investment is 1.5 billion yuan. The sales revenue is expected to
reach 2 billion yuan and the yearly profit of 500 million yuan. The ROI is 25%
and the payoff period is 4 years.
work is in progress.
Joint venture, sole proprietorship or joint-stock system