Project Unit : Tianjin Chemical Factory

1.Total estimated Investment :500 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 : 9 years

5.Contact Address: Tianjin Chemical Factory Hangu district , Tianjin

6.Contact Person : Wang Shi-hui

7.Tel :86-22-67992936

8.Fax :86-22-25694533

9.E-Mail : nice two see @eyou.com

Market Prospect:

With the development of Chemical construction materials & new-type packing materials , the market demand of chloride is increasing. In resent years , the average increase of the production at home is 9% and the production in 2000 was about 1.9 million ton , However , the market demand has increased 19 % annually . Thus , supply is less than the demand , resulting in the fact that 1.5 million ton was imported in 2000 At present the production of polyvinyl chloride in Tianjin area is 360 ,000 ton , being No. 1 in China . Tianjin has planned to set up a million-class base of polyvinyl chloride by 2005. The project is to introduce advanced foreign polymerizing techniques and to import the raw material-polyvinyl chloride , which is to be shipped to Tianjin seaport , then moved t the factory . Since the factory has got complete public works , such as water , electricity s steam and etc. , immediate effect could be achieved with a less investment .

A Survey of the Chinese Partner

Tianjin Chemical Factory , setup in 1938, with a registered capital of 400 million yuan and total property of 2330 million yuan , is one of large scale caustic soda enterprises in China . It covers an area of 2.6 million M with staff members of 11,000 ,of which 600 are professional & technical personnel . Its annual sale is 1200 Million yuan .The production scale of main products are as follows :

Caustic soda being 200,000 ton /year

Polyvinyl chloride being 85,000 ton /year

Oxirane being 24,000 ton /year

Bachloride being 30,000 ton /year

Benchloride being 25,000 ton/year