Priority Project for Cooperation from Zibo City

1. Project name and construction scale

Polyphenylene sulfone resin production project at a capacity of 1000t/a

2. Brief introduction to project unit

Shandong Dacheng Chemical Group Co., Ltd. is an important group company of China engaging in pesticide, chemical and chemical fibre productions. The company is one of the 520 corprations specially fostered by the state and one of the 136 major corporations set for priority development by Shandong Province. As a listed company, Shandong Dacheng Pesticides Co., Ltd. is the core enterprise within the corporation. The corporation has a total asset of 1.6 billion yuan and currently has a staff of 5500 persons, including 1200 engineering and technical personnel. In 2004, the corporation fulfilled a total production value of 1.2 billion yuan. The corporation is listed as one of China’s Top 500 Chemical Enterprises. Its “Zhibao” Brand has been appraised as the famous trademark of Shandong Province for three consecutive times. Its pesticide products include insecticide, germicide, weedicide, plant growth regulator and biopesticide, totaling 5 major series and more than 40 product varieties. It produces 35,000t pesticides (as 100% concentration) per year. It also produces more than 20 varieties of pesticide intermediates and other chemical products. Its annual caustic soda output is 140,000t and its annual chemical products output is more than 200,000t.

3. Project content and construction condition

Polyphenylene sulfone is a thermoplastic resin, which is characterized by excellent heat resistance, self-extinguishability, good viscosity and corrosion resistance. This product is excellent industry drive, and has good market prospect. To develop complete industrialized production technology for polyphenylene sulfone, and build a large-scale production facility with P-Dichloro benzene as the raw material, this project will, on the basis of intermediate experiment, concentrate on core technology development with respect to polymerization, washing, drying, complex solubilizer recovery and control of “Three Wastes” to form a complete industrialized production technology with its own intellectual property rights.

4.       Total investment and source of funds

Total investment of the project is 12.50 million US dollars. Self-raised fund or joint-venture.

5.       Market and economic benefit analysis

High molecular materials. Wide applications means promising market prospect. Total investment is 100 million yuan, the annual sales income is 160 million yuan and the return on investment is 46%.

6.       Means of cooperation

Joint-venture or cooperation

7.       Means of contact

Company address: No. 25 Honggou Road, Zhangdian District, Zibo City, Shandong Province

Contact person: Wang Xin 

Contact Tel: 0533-2111999-6791    

Fax: 0533-2113511  

E-mail ：dcnywl@shandongdacheng.com