Brief Introduction to the project

 

1. Project name:

3,000 t/a resorcinol from m-diisopropylbenzene by oxidation.

 

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:

Resorcinol is a kind of important raw material for fine chemical industry, mainly used in synthetic resin, adhesion agent, dyestuff, medicine, ultraviolet absorbent, photosensitive assistant, dipping assistant for framework material of rubber, and explosive, etc.. In addition, it can also be applied to other industries such as cosmetic, tannage, fabric printing, and so on. The total domestic annual needed amount was 2,000-3,000 tons in early 1990s, and the amount rises year by year, in which the import was 3,200 tons in 2001, 1,079 tons in first quarter of 2002, and about 5,000 tons was consumed in China in 2002. Now Chinese available production plant for resorcinol lies in Sinopec Nanjing Chemical Plant, with scale of 2,000 t/a, and output of 1500 t/a indeed. This plant adopts process by sulfonation, resulting in high costs, severe pollution, and much restriction on its further development. Resorcinol is still in rather short supply in domestic market, while production and sale of resorcinol is unbalanced worldwide. To produce resorcinol from m-diisopropylbenzene by oxidation in China can replace import, and furthermore occupy South East Asian market.

 

5. Investment and benefits:

For this project, investment for fixed assets is RMB 18 million yuan with one year of construction term.
Annual sales income will be RMB 120 million yuan after project completion.
Annual profits RMB will be 8.5 million yuan after achieving the designed production capacity, and the return term of investment 3 years.

 

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