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file X

UNIDO PROJECT1

OIL HYDROLYZING & TOP GRADE TOILET SOAP

COUNTRY: CHINA

PROJECT NO.: IPSCN/CH/99-40

ISIC: 2424 Manufacture of soap and cleaning preparations, perfumes, cosmetics and other toilet preparations

DESCRIPTION:
The project is sponsored by Fujian Tian Xiang Chemical Commodity Co. Ltd. The preexistence of the company is Fuzhou Commodity Chemical Plant which was founded in 1951. As the biggest supplier producing washing things in Fujian Province, the plant was appointed as the special producer by the Ministry of Light Industry and was rebuilt to be a joint-stock corporation after annexed by Tian Xiang Industry Joint-stock Corporation in November 1998. Now the company has fixed assets worth 6.78 million RMB and owns about 500 employees among which there are 20% of career men. The technology and mechanization has reached the leading level in home and the company produces 20 thousand tons of washing thing per year. The company aims at the object to be an enterprise of fine chemicals integrating scientific researching, producing and trading. Through setting up a new joint venture plant, the parent plant will fix the position of the annual production value of 2,000 million RMB which is enable the plant to be classified as one of the largest ten enterprises of washing thing in China.
PRODUCTS TO BE MANUFACTURED:
Product 1: top grade soap
Product 2: translucence soap
Product 3: industry glycerol
ANNUAL CAPACITY:17,500 tons
Product 1: 9,000 tons
Product 2: 7,000 tons
Product 3: 1,500 tons
ANNUAL TURNOVER:
3 million US$
TOTAL INVESTMENT: 15.06 million US$
Local: 7.53 million US$
Foreign:7.53 million US$
FOREIGN PARTICIPATION SOUGHT:
Joint Venture, Equipment provision, Market access, Technical expertise
BACKGROUND ECONOMIC INFORMATION AVAILABLE:
Feasibility study

Contacts:

Ms. Feng Xiaohong / Project Officer/ Investment Promotion Services China/ UNIDO

Tel: (0086-10) 65326141 / Fax: (0086-10) 65326145
E-mail:
ipschina@info.iuol.cn.net





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