1.Background of the project
The aluminum sheet and strip are divided into high precision and common aluminum sheet and strip by quality.Common aluminum strip is produced by casting and rolling mill.High precision aluminum strip is produced by advanced hot rolling mill.New hot rolling mill line will be used for rolling of aluminum & soft aluminum alloy slabs.The hot rolled stock coils will mainly produce printing sheet, building decorative plate, stock for light gauge aluminum foil thinner down to 10 micron-meter, and other high precision aluminum sheet.
2.congtents of project
The project with annual capacity of 100,000 tons of aluminum and alloy aluminum strip need build a workshop of hot rolling and a workshop of cold rolling.The hot rolling mill and cold rolling mill will be imported.The main products are heat exchanger foil, building decorative plate, printing sheet, and foil stock.The construction period will be 3 years.
3.Total investment
The total investment is 1.14 billion yuan, which includes 784.77 million yuan of fixed assets investment, and 165.8 million yuan of working capital.
4.Market prediction
Chinese aluminum strip market is booming。 We estimate the high-grade aluminum demand will be 3 million tons in 2005,and 3.5 million tons in 2010.The market prospect of this project is fine.?
5.Economic benefit prediction
After the project is completed, the newly increased annual output value is 1,640,510,000 yuan, increased tax is 105,700,000 yuan, increased profit is 110,8 10,000.The recovery period of the whole investment is 7.95 years (including construction period).The total investment profit rate of is 17.09%.
6.Type of cooperation
Joint venture or contractual joint venture.We need at least 10,000,000 UD foreign investment and the investment can be fund or equipments.
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