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Chemicals and petrochemical auxiliaries project of an oil field with an annual output of 60,000 tons

( chinadaily.com.cn )

Updated: 2014-11-20

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1. Project number: 2007-023

2. Project name:

Chemicals and petrochemical auxiliaries project of an oil field with an annual output of 60,000 tons

3. Project basic information:

Xinjiang has lifted the petrochemical industry to a strategic height - the core industry of its economic development. The petrochemical industry developed fast. At the same time, the demand for chemicals and auxiliaries during the mining and refining process has also soared. Xinjiang Deland Co, Ltd has been dedicated to the researching and manufacture of the chemicals for water treatment and petroleum chemical additive sector in an attempt to meet the market demand. It prepares to set up a chemicals and petrochemical auxiliaries project for the oil field with an annual output of 60,000 tons. The project plans to be completed in three phases. The first phase would commence from 2006 for the construction of public facilities and liquid product production lines; the second phase would construct products’ drying production lines; and in the final phase, the office buildings and other ancillary facilities would be built.

4. Basic construction scale:

The design production capacity is 60,000 tons.

5. Early preparation:

The first phase commenced in 2006 and began the construction of the public facilities and liquid product production lines.

6. Estimated total investment: 57 million yuan

Investment by the company: 28.50 million yuan; investment to be introduced: 28.50 million yuan

The investment proportion can be adjusted or not: Yes (√) No ( )

7. Investment modes needed: capital (√) technology (√) equipment (√) others ( )

8. Cooperation methods: joint-venture (√) cooperation (√) sole proprietorship ( ) others ( )

Investment modes can be adjusted or not: Yes (√) No ( )

9. Investment payback period:

The payback period before taxes is 2.75-year and 3.8-year after tax.

10. Return On Investment (ROI):

The ROI can be over 26.3 percent

11. Economic benefit after completion:

Anticipated sales growth: 120 million yuan

Anticipated profit: 15 million yuan

Anticipated tax payment: 10.7 million yuan

12. Current situation of the company

Xinjiang Deland Co, Ltd is a private-owned joint-stock company with a registered capital of 2.16 million yuan. As a new and high-tech enterprise, the company integrates product’s research, production and application. The company focuses on knowledge and economic cooperation and resource sharing. Its products have won high praise from customers and took up more and more market shares. At present, the company develops at a rapid speed of 100 percent. The company’s products are used in petroleum, petrochemical, water, domestic sewage, electricity, papermaking, cotton pulp, food, mining, leather, wool and in other wide ranges of sectors. As it produces consumptive products, the market demand will increase year by year, and this is truly a lucrative industry.

13. Reference data to be provided

Feasibility study report

14. Contact unit: Commercial Bureau of Urumqi State High-tech Industrial Development Zone

Address: No 258 Gaoxin Street, Beijing S Road, Urumqi, Xinjiang

Postal Code: 830011

Tel.: 0991-3678888, 3678666

Fax: 0991-3678888

Website: www.uhdz.gov.cn