Scale of Construction
thousand tons per year of ECH
is an important raw material and intermediate in the organic chemical industry,
which is used as the major material to produce epoxy group and PR. It can be
also used to produce glycerol, curing allyl rubber and resin with high
intensity. ECH in China can’t meet its demand and needs to be imported a lot
every year. A large number of downstream derivative products need to be
imported, too. As estimated, in a few years, the ECH will keep increasing by 5%
each year, and in 2015 the domestic demand will reach 0.49 million tons and in
2020, the demand will reach 0.68 million tons. So there’ll be a big gap between
supply and demand. Moreover, with the development of automobiles, the demand of
ECH will still increase. Because of the heavy demand of epoxy resin, it also
promotes the demand of ECH. However, our domestic capacity and output can’t
satisfy the actual demand. So we have to import every year and the import
volume keeps increasing.
Content of Construction
project is built in Jining Development Zone of Chemical Industry.
High-temperature chlorination method is the most important industrialized
production technology. And more than 90% in the whole world adopt this method.
The feature of high-temperature chlorination method is that the process is
flexible, technology is sophisticated and the operation is stable. Besides, it
can also produce glycerol, chloropropene and other organic synthesis
Relative Supporting Facility
the supporting public works in the development zone can meet the need of
Analysis of Investment and Benefit
total investment is 0.65 billion RMB and the sales revenue per year will reach
0.46 billion after completed. So the profit is 70 million RMB per year, ROI is
11% and the payback period is 9 years (including 2 years of construction
first-phase preparations are being made.
Ways of Cooperation
venture, sole proprietorship or joint-stock system