Type: key province-level project

Contact: Fujian provincial foreign investment service

Tel: 0591-2830-9632

Fax: 0591-8784-3753

Email: cw@fjfdi.com

Owner: State-owned

Type: new project

Category: Petrochemical engineering

Forms of cooperation: joint venture, sole proprietor

Currency: yuan

Total cost: 305,000 yuan

Description:

1. The project involves a 100,000-t/yr PC production line.

2. PC demand in the Chinese market is increasing 10 percent a year thanks to its unique characteristics as a durable, impact-resistant, scratch-resistant, high stability material with strong chemical resistance.

Total cost: 3.05 billion yuan

Forms of cooperation: joint venture, sole proprietor

Economic benefits: Annual sales are expected to reach 4.4 billion yuan after it goes into production, with annual profits of 720 million yuan and added value output of 940 million yuan.

Status: Site selection preliminaries completed.