Brief Introduction to the project



1. Project name:

4,800 t/a nylon-6 industrial yarn by one-step spinning.

2. Undertaking unit and location:

Jiangsu Qunfa Chemical Co., Ltd.
No.3 North Taiping Road, Yangzhou, Jiangsu Province, P.R.China

 

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¡ªnylon-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:

One of the company¡¯s main products, nylon-6 dipped cord fabric mostly used as framework material of bias tyre, takes larger share in domestic market of tyre framework material. With the development of Chinese tyre industry, total quantity of bias tyres will not rise any longer, and the production will be concentrated to fewer number of large-sized tyre companies, among which competition will focus on technology and quality. Every large-sized tyre company is now dedicated to improve its product quality, and makes still greater demands on the quality of tyre framework material. Following the demand from market, the company develops the technology of nylon-6 one-step spinning to upgrade technologically the present production line, optimize the product quality, further the company¡¯s competitiveness, consolidate the position the company takes in the industry, and occupy much more market shares.

 

5. Investment and benefits:

For this project, investment for fixed assets is RMB 22 million yuan with one year of construction term.
Annual sales income will be RMB 96 million yuan after project completion.
Annual profits will be RMB 12 million yuan after achieving the designed production capacity, and the return term of investment 4 years and 5 months.

 

6. Mode of cooperation

Sole-funding, joint-venture or technology as shares.

 

7. Contact:

Contact person: Qiangxin Bee
Tel: 86-514-7221311, 7902103
Fax: 86-514-7232380
URL: http//www.qunfa.com
E-mail: plan@qunfa.com
Zipcode: 225003