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UNIDO PROJECT13 |
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PRODUCTION LINE OF PRODUCING 50,000 TONS OF CENTRIFUGAL
CAST TUBE
COUNTRY:
CHINA
PROJECT NO.: IPSCN/CH/99-44
ISIC: 2731 Casting of iron and steel
- DESCRIPTION:
- This project is sponsored by Longyan Steel
Enterprise Company which is founded in 1970. The company has 6
blast furnaces, among which one is 120.75 cubic meters, two are
55.3 cubic meters, with a total capacity of 365 cubic meters and
an annual production of 250,000 tons of vast iron. It is tentatively
planned that the molten iron supplied by the two 55.3 cubic meter
furnaces are thermo-transported to the preparation workshop of
the cast tube branch plant, to produce centrifugal cast tubes
after further treatment. The adoption of the duplex electric induction
furnace to smelt the molten iron not only greatly increase the
labour productivity but also a lot of resources. After the project
is completed and put into operation, the normal annual sales income
will be US$26.51 million, the tax be US$3 million and the profit
be US$2.46 million. The rate of return on investment will be 20.36%,
and the period for recovery on investment will be 6.64 years.
The construction loan repayment period will be 4.71 years counting
from the year of production.
- PRODUCTS TO BE MANUFACTURED:
- Product 1:DN 100-700 mm of centrifugal
nodular cast iron tubes
- ANNUAL CAPACITY:
- Product 1: 50,000 tons
- ANNUAL TURNOVER:
- 30 million US$
- TOTAL INVESTMENT: 16 million
US$
- Local: 7.84 million US$
- Foreign:8.16 million US$
- FOREIGN PARTICIPATION SOUGHT:
- Joint Venture, Management expertise,
Market access, Marketing 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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