Annual Output of 400 million Tons Carbinol of Yongcheng Group

A Survey of the Enterprise

Yongcheng Coal & Power Group, which concentrating coal, power, chemical industry and trade as one body National Enterprise, has fixes assets of 5.5 billion yuan. It is staff and workers are 1260, it’s credit is AAA. In 2003, the Group can produce raw coal 7million tons and realize 500 million yuan of profit and tax.

Scheme of Building

Planning to build carbinol line with an annual output of 40 million tons.

Investment

The total investment of the project is 1512 million yuan, of which 1125 million yuan comes from cooperative party.

Market forecast

Carbinol names wood alcohol and is widely used in industrial materials, for example formaldehyde, olefin, crylic acid, carbonic acid and so on. After it is completed, the market is very splendid. The annual sales income is about 651 million yuan, including profit 139 million yuan.

Form of cooperation: joint venture, cooperation