Type of Project: Mechanical & Engineering Industry

Name of Project:

Project of Producing Polyethylene Hydrocarbon Cable Material

Project Content: Plan to build two processing lines with capacity of 4,000t/y polyethylene hydrocarbon cable materials used as raw material in high-voltage cable.

Construction Condition: The products have a good market prospect.

Investment & Composition: Total investment amounts to US$6.55 million, including US$ 5 million of foreign investment to be introduced.

Economic Benefit Evaluation: Annual sales volume of US$ 11.85 million, profit of 5.08 million, tax of US$ 1.1million and investment payoff term of 2.8 years.

Project Status: The project has been approved already.

Mode of Cooperation: Joint venture and cooperation.

Introduction to Sponsor: Chuyue Scientific and Technological Company owns a workshop of 4,000 square meters and fixed assets of US$ 1 million.