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Item Title: The Second Stage of Reconstruction Project of Heilongjiang Huaxia Papermaking Co., Ltd. 
Item Sort: Papermaking 
Implementation Address:  
aggregate Investment: US$42.0018 million 
Mode: Jiont Venture
Ratio Between Investments in: 75% 
Present Condition: Estimated Cost Value: The total investment is US$42.0018 million, among which the investment for fixed assets is US$39.8262 million, the current fund is US$2.1786 million. Sources of funds:   (1) Domestic investment(converted): US$ 10.5012 million, occupying 25%, raised by the company itself;   Way of investment: fund and part of converted assets.   (2) Proposed foreign investment: US$31.5036 million, occupying 75%;   Way of foreign investment: fund  
Item Introduction: The project is the auxiliary works of Heilongjiang Star International Paper Industry Group Eamazar Pulp Factory(the first stage is 200000 tons), a paperboard machine with annual output 160000 tons is increased. Long-fiber unbleached wooden pulp produced by Eamazar Pulp Factory will be used to produce industrial paper and paperboard. In 2000, the domestic consumption volume of kraft for box and clip-kraft is 2.71 million tons, the domestic output is 1.6 million tons, the import volume is 1.117 million tons. It is forecast the requirement volume in 2005 will reach 3.68―4.23 million tons, in 2010, the pulp will reach 4.8―5.6 million tons, at that time, the domestic production ability will reach 3.8 million tons, this cannot meet the market requirement. The project has been reported for approval, the feasibility study report has been completed.  
feasibility analysis: Estimated Profit: The annual sales revenue is 672 million RMB yuan, the profit is 83 million RMB yuan, the tax is 67 million RMB yuan; the investment recovery period is 4.5 years; the investment profit rate is 23%.  
Correlative Files: No File

Promulgator Detail

Full name: Zhang Shejia  
Country: CN 
City: Harbin 
Company Name: Heilongjiang Huaxia Papermaking Co., Ltd. 
Homepage: http://
E-mail: Reply
Phone: 86-451-82351021 
Fax: 86-451-82351021 
Company Address: Harbin 
Zip/Postal Code: 150036 
Introduction:  
 

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