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Project towards producing 70,000T/A adipic acid
 
 

Overview of the project

Project name

Project towards producing 70,000T/A adipic acid

Brief introduction to the project

At present, the self-supporting rate of adipic acid is only 55%, and others depend on import. Making use of the local salt resource and by-product hydrogen of caustic soda industry to build production device for adipic acid can effectively decrease production cost and improve products’ competiveness. This project plans to invest 40 million yuan RMB to build a production line towards producing 70,000T/A adipic acid with by-product cyclohexane of 12,390 tons.

Total investment

840 million yuan RMB

Investment constitutes of the both parties

Negotiation

Modes of cooperation

Joint venture

 

Cooperation

 

Solely-funded

Other

Market analysis of the product

It is investigated that the consumption of global adipic acid is increasing year by year. It is forecasted that the world demand of adipic acid will reach 3 million tons, and the domestic demand will reach 500,000 tons. While the self-supporting rate of adipic acid is only 55%, and others depend on import presently. So, adipic acid has great marketplace potential.

The analysis of economic effect

After the project puts into operation, it can newly increase the sales revenue of 940 million yuan RMB, and profit tax of 140 million yuan RMB.

Construction condition of the project

Currently, the domestic demand of adipic acid is increasing quickly. The rich salt resource and by-product hydrogen of caustic soda industry in Tai’an provide sufficient raw material for producing adipic acid, and effectively decrease production cost and improve products’ competiveness as well. This project has been strictly demonstrated by experts and belongs to major projects in Tai’an introduced to foreign investors.

Contact way

Tai’an City Municipal Major Projects Construction Office   Tel:0086-538-6991549

Tai’an City Municipal Investment Promotion Bureau        Tel:0086-538-6990963/6991091


    
 
 
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