Type of Project: Chemical Industry

Name of Project:

Project of Producing N.P.K Compound Fertilizer

Project Content: Plan to get some additional equipment so as to produce N.P.K compound fertilizer of 400,000 t/y on basis of the existing MAP/DAP plants.

Construction Condition: NPK compound fertilizer contains many nutrients for grain growing. It is very popular over the market. The sponsor owns mature process technology and fertilizer production by large scale.

Investment & Composition: Total investment amounts to US$ 30.25 million, of which, fixed assets of US$ 24.25 million, working capital of US$ 6 million. Plan to introduce US$ 20 million of foreign investment.

Economic Benefit Evaluation: Upon completion, annual sales volume of US$ 99.88 million, profit of US$ 22.72 million, tax of US$ 4.84 million.

Project Status: The project has been approved already.

Mode of Cooperation: Joint venture or cooperation.

Introduction to Sponsor: Hubei Huangmailing Phosphate Chemical Group