Project Unit : Zhonghe Chemical Factory of Tianjin Organic Chemistry General Company

1.Total Estimated Investment : 96.6 million Yuan

2.Terms of Investment : joint -venture

3.Ratio of the Investment : Chinese side 50 % foreign side 50 %

4.The Estimated Term of Investment Reclaim : 5 years

5,Contact Address: Hubei Road Heping District , Tianjin

6,Contact Person : Shen Bo-hong , Tianjin Bohai Chemistry Industry Group Com0pany

7.Tel : 86-22-23395076

8.Fax :86-22-23314025

9.E-Mail : bcigrint @ public tpt .cn

Market Prospect:

Maleic anhydride is an important basic organic chemical raw material mainly for making non-saturated poly resin and then strengthened fiber plastic , which are widely used in manufacturing automobiles parts of airplanes , yachts , cooling tower construction materials & etc. In 1999, the national production capability of maleic anhydride is 1660,000 ton and the actual production is more than 100.000 ton , With the rapid development of national economy, the down-stream products of maleic anhydride are being used in more and more fields and the market demand of maleic anhydride is increasing day by day . The production ability of maleic anhydride has been expended to more than 50,000 ton , being the largest maker in Asia since the project has adopted the production techniques developed by Zhonghe Chemical Factory itself .

A Survey of the Chinese Partner :

Zhonghe Chemical Factory, being one of the largest 500 enterprises in China , was setup in 1963. It has a preferential geographic location, covering an area of 400,000 M with ideal traffic facilities , The enterprise , with well-equipped infrastructures , has a total property of 332.15 million yuan original value of the fixed assets being 182.36million yuan and staff members of 882, of which 125 are professional and technical persons. In addition, thee enterprise has some production installations of maleic anhydride 18,000 ton /year, furmaric acid 6000 ton /year sebacic acid1500 ton/year , plastic-increasing agent 3,000 ton /and etc.