Brief Introduction to the project
1. Project name: Aluminum intercooler for automobile with 120,000 pieces per year.
2. Undertaking unit and location: Jiangsu Qunfa Chemical Co., Ltd.
3. Profile of undertaking unit: Jiangsu Qunfa Chemical Co., Ltd. is a large-sized enterprise held by the State as well as a high & new technological enterprise in Jiangsu Province, specialized in manufacture of framework materials for rubber and tyres. The main product—nylon-6 dipped cord fabric is among the leading positions in terms of product quality and production capacity in the industry in China, with annual output of 30,000 tons. Other products include: HMLS polyester dipped cord fabric; rubber assistants such as vulcanization accelerator NS; chemical fiber assistants such as dimethyl-5-sodio sulfoisophthalate (SIPM), trimethyl phosphate; high vacuum brazing products series such as intercooler for automobile, and oil cooler; pressure vessel; and superfine powered materials, etc.. The company boasts its strong ability in new product development and scientific & technological innovation. It keeps good cooperative relations with universities, colleges, academies and research institutes both from home and abroad.
4. project description and market prospect: The pollution to environment from car exhaust emission is becoming more and more serious. The issue to reduce emission of harmful substance in car exhaust and improve environmental quality has been emphasized by many countries around the world. Europe Ⅱ emission standard will begin to be enforced in China by 2004. For reducing exhaust emission, the most effective is to adopt purifying measure outside engine such as pressurized intercooling and so on. At present, except heavy trucks, most of diesel automobiles haven’t adopted pressurized intercooling system yet in China, which creates an unprecedented opportunity for production enterprises of intercoolers. Chinese annual production output of diesel automobile rose from 75,800 in 1990s to 542,100 in 1999, and will be expected to reach 1 million by 2005, which will need over 1 million intercoolers to match. Because its available batchwise production facility with output of 30,000 pieces per year hasn’t been able to meet the market requirement, the company plans to build a new set of continuous production facility with output of 120,000 pieces per year to satisfy the needs of market.
5. Investment and benefits: For this project, investment for fixed assets is RMB 6.5 million
yuan with 8 months of construction term.
6. Mode of cooperation: Sole-funding, joint-venture or technology as shares.
7. Contact: Contact person: Qiangxin Bee |