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Castor development project
2002-04-27
Name of the Chinese partner: Sichuan Sida Biological Engineering Development Co
Project description: The project is to construct an one-million-mu (66,667 hectares) castor growing base and a castor oil processing plant with an annual output of 24,000 tons, and a hydro-castor oil plant with an annual output of 3,000 tons and a nylon plant with output of 3,000 tons per year. The project is located in Liangshan Prefecture of Sichuan Province.
Total investment: US$60 million, of which US$20 million will be external investment.
Economic benefit forecast:
Profit rate of investment: 31.9 percent
Person to contact: He Dongxian
Tel: +86-834-2162500
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