Investment Information

Fuyu County Furfural Factory Xylitol Production Project

I.Project Outline

1.Project Background: In the daily life, overtaken of sugar can corrupt teeth and add the possibility of suffering diabetes. However,the xylitol is a kind of product which has low calori and without any side-effect for the body and mainly used for prevent diabetes,decayed tooth and obese. It's the ideal substitute for the edible sugar. The corn core is the material for producing the xylitol. Fuyu county has abundant corn core resource and can produce 0.4 million ton fo corn core yearly. The price is cheap also.Except small amount for deep processing furfural, the rest were almost burnt or thrown away, causing great waste of the resource. Foreign countries have hundreds of years history of developing xylitol deep processing project making use of corn core and the technique is getting more and more mature. By introducing advanced Holland technology or relying on domestic related science department technique to build this project can improve the attached value of agricultural product and increase farmer's income. The project of xylitol will be a good one transferring from resource advantageous to product advantageous.

2.Construction Scale and Product Plan: Cover the area of 80,000 square meters. Construction area is 40,000 square meters. Main product is xylitol 5,900 ton/year. The particle product of xylitol is 0.76 million bags/year. The tablet of xylitol are 10 million tablets/year. The side product is xylitol paste 1,200 ton/year.

3.Market Analysis and Economic Benefit Forecast: Yearly sales income is 170.54 million yuan. The normal yearly sales tax and additional is 12.859 million yuan.The total value of profit is 27.492 million yuan. The income tax is 9.072 million yuan and the profit after the tax is 18.42 million yuan.

4.Total Project Investment: 109.03 million yuan RMB, of which 99.62 million yuan is fixed asset investment.

5.Cooperation Way: joint venture, cooperation

6.Foreign Investment and Constitution: Capital, equipment

7.Construction Venue: Fuyu County Sanjingzi Town

8.Project Progress: Project proposal book making up is over. The study report and set up of the project has been approved.

II.Outline of the Chinese Partner

1.Enterprise Name: Fuyu County Furfural Factory

Legal Address: Fuyu County Sanjingzi Town

Legal Representative: Ning Zhi'an

2.Enterprise Profile: The factory covers the area of 80,000 square meters, of which office building, workshop etc. cover 5,000 square meters. The enterprise owns fixed asset of 124.54 million yuan. In 2004 the sales income is 57 million yuan. The tax paid was 2.01 million yuan, the profit was 6.76 million yuan. The producing and sales ratio is 100%. There is stronger science developing and technical strength.There are 318 employees now.Produce 6,000 ton of furfural per annum.

3.Contact Methods:

Postal Code:131200

Mailing Address: Fuyu County Project Office

Contact Person: Han Zhiping

Tel:0086-438-5862058

Fax:0086-438-5862058