1. Content of the Project:
It is planned to introduce key equipment and technology to produce PVB resin and its film with an annual production capacity of 2000 tons.

2. Estimated investment: The total investment is USD 1807 million, including USD 885 million of foreign capital.

3. Market analysis: The PVB film now mainly depends on importing from abroad. After the project is completed, the product shall serve as an import replacement, filling in the gap of same trade in China. It shall enjoy a good market.

4. Construction conditions: Located in Jingxing country, Hebei Province, the Plant lies close to the Shijiazhuang-Taiyuan Highway and is adjacent to the Shi-Tai Expressway. This area abounds in ground water. The electric power is supplied by North China power network. Principal materials such as PVA shall be supplied by the Plant itself, and botanic aldehyde shall be purchased from the domestic market.

5. Analysis of economic profits: After the project is completed, it can produce 2000 tons of PVB resin and its film per year, and the annual sales income shall be USD 1687 million and profit USD 282 million.

6. Current situation of the Enterprise: With fixed assets of USD 3157 million, Shijiazhuang Chemical Fiber Plant covers an area of 153502, including a building area of 7216m2Owning the PVA production unit of world level in the eighties and PET yarn production unit of world level in the nineties, it can produce 8000 tons of PVA and 6500 tons of PET filament per year. The Plant now has 14 sale branches, which are distributed in Hebei Province, Shandong Province, Beijing and Tianjin etc.

7. Project progress: The early preparations for the project are now being conducted.

8. Forms of cooperation: Joint ventures or contractual joint ventures

9. Contact info:
Person to contact: Gao Fengxi
Tel.: 0311-2043308
Fax.: 0311-2040245