|
|
|
|
|
 |
Key Projects |
|
|
|
|
|
| Project Name: |
| Beijing Waste and Old Tire Recovery and Recycling Project |
| Project Owner: |
| Beijing Fairy Ocean Science & Technology Company (FOSTC) Legal person: Anlin Mo. The company was founded in May of 2000 and its registered asset is 13.28 million yuan. |
Scope of Works
The Project occupies land area of 45 mu, with constructed area of 6670 m2, including 1670 m2 for recovery and distribution center and 5000 m2 for production base. Its normal temperature assistant product line can produce 10,000 tons of refined rubber powder.
Total investment and Project schedule
Total investment is 77.845 million yuan.
This Project is planned to finish in 3 years. Construction period is from January of 2004 to December of 2006. Part of it will be put into operation in April of 2006.
Project Condition
This Project employs normal temperature assistant method to produce 80-200 mu refined rubber powder using waste and old tires. Its techniques have reached leading international level. It has lower total investment and operation cost and better product performance, saving water and having no pollution. The Project can produce 100,000 tons of above-mentioned powders, which is aimed at rubber-powder asphalt used for road construction with great market potential. This Project makes full use of recycling resources, being very important to reducing environmental pollution, releasing shortage pressure of rubber and improving quality of road construction. Recovery and recycling of waste and old tires is a new environmental industry in the age of knowledge and the "Morning Sun" industry encouraged by the country, having great financing prospect. This Project is recommended by Beijing municipal government with emphasis. Pilot Project of recycling waste and old tires for rubber-powder asphalt has been submitted by Beijing Development and Revolution Council and is waiting for approval. Estimated annual revenue is 122.025 million yuan, tax 5.734 million yuan and profit 11.688 million yuan. It has great market prospect and economic profit.
The construction site is being selected. Feasible research report has been completed and part of lab tests and road tests are being conducted and national debt is being approval.
Related policies and regulations for this Project include:
1. The Promotion Law for Clean Production of People's Republic of China
2. Several Regulations of Beijing on Pushing Forward Development of Environmental Protection Industry
3. At present, the government is accelerating the issue of Management Regulations on Recovery and Recycling of Waste and Old Tires
4. Notice of the Ministry of Finance and General Bureau of Tax on Preferential Policies of Enterprise Income Tax ([1994]001) and List of Resources for Comprehensive Use ([2004]73).
5. Notice of the Ministry of Finance and General Bureau of Tax on Issues of Transportation Fee and Waste and Old Materials Permitted to Be Used to Deduct Income Tax
6. Notice of the Ministry of Finance and General Bureau of Tax on Related Policies for Value-added Tax of Waste Recovery Business
Intended Business Mode and General Conditions
1. Intended Business Mode
Absorbing capital and market shares, creating a new future with strategic commercial partners in ways of joint venture or cooperation.
2. General Conditions
(1) Use right of patent technology on production of refined rubber powder in normal temperature assistant way, which is an invisible asset values about 20 million yuan.
(2) Part of production equipments in 10,000-ton product line of refined rubber powder, which is a fixed asset values about 7 million yuan.
(3) Supporting capital of 3 million yuan.
3. Requirements on Investors
(1) Become a shareholder with cash investment (21.8808 million yuan).
(2) Having certain level of knowledge about environmental protection industry.
(3) It's better to have the lower stream market in rubber powder application area.
|
| |
|
|
| |
|
|
