1 Project Name: 10,000 Tons/year of New-Type Starch Based Biodegradable Products
2 Project in Brief:
2.1 Project Content and Investment Scale: By using biological engineering technology, a new tpye of material can be prepared by adding modified material and auxiliary agent into plant starch (drug grade, food grade and ordinary grade). The new type of material can replace most of plastic material, and can degrade completely under natural conditions.
The total investment is RMB 72 million Yuan, of which capital investment is RMB 66 million Yuan, current capital is RMB 6million Yuan. The annually output of starch microbial complete degradation products is 10 thousand tons. After the project is completed, the annual output value will be about RMB 133 million Yuan, the annual profit and tax will be about RMB 30 million Yuan. The value added will be about RMB 40 million Yuan during normal activity period.
2.2 Construction Necessity: China’ annual demand for disposable tableware is 56.3 billion and convenient cup is 80 billion, The demand for packing material for household electrical, mobile telephone, electric appliance wrapper plate, industrial products packing etc. is 2 million tons. The average growth rate of global demand is 8.8%, of which America 8.6%, Canada 12.2%. Floating population in Hongkong has the demand for 48 billion disposable tablewares, Demand for starch microbial complete degradation products in Japan is 150 thousand tons yearly, Korea is 90 thousand tons yearly. It has a bright market prospect.
2.3 Form of Investment: Harbin Green Circle Biodegradable Development Ltd. and foreign parties establish a contractual joint venture.
2.4 Geographic Location, Traffic and Transportation and Communication:
The project is located in Jinzhou Xihai Industrial Zone with convenient and prompt of traffic and transportation and advanced communication.
2.5 Investment Condition and Ratio Offered by Both Parties:
As the Chinese party, Harbin Green Circle Biodegradable Development Ltd. will contribute with patent technology and equipment investment. Ratio of investments will be determined discussion.
2.6 Planned Introduced Technological Equipment: As the patent, the main technological equipment will be made by Harbin Green Circle Biodegradable Development Ltd.
2.7 Working Progress in Prior period: Business planning of the project has prepared, and agreement on entering the park has been signed with Jinzhou Xihai Industrial Zone.
2.8 Project Construction Period and Investment Payback Period: The construction period is one year and the investment payback period is 2.6 years.
3 Contact Us
3.1 Name: Domestic Investment Promotion Bureau of Jinzhou Xihai Industrial Zone
3.2 Address: No.1 Nanhai Road, Jinzhou Economic Technical Development Zone, Liaoning Province
3.3 Postcode: 121007
3.4 Contact person: Zhang hongshun, Yu Yang
3.5 Tel: 86-416-3588289, 3588102
3.6 Fax: 86-416-3588225
3.7 E-mail: email@example.com