China
Company seeks Joint Venture Partner to Produce Vehicle Emission Testing Equipment
Estimated Total Investment (US$): 1 million
Joint venture
or cooperative enterprise
Form of Investment: Cash, factory building, equipment,
and technology
Venture to produce:
Automobile emissions
testing equipment for both stationary and mobile testing to measure the emissions
such as CO, HC, NOx, SO2 , etc. by the methods set forth in the EURO I-III standards.
Market Prospects-domestic and for export (Including Export Prospects):
In
China and other Asian countries the automobile industries are rapidly developing.
In China there are more than 20 million automobiles being used and the market
is growing at about 20% per year. Emissions from automobiles, has become the chief
source of air pollution in most major cities in China and throughout Asia. In
one Chinese city, in order to implement new vehicle emission testing regulations,
it is anticipated that over 500 vehicle emission testing stations are planned
to be set up by the Municipal Government.
Manufacturing
Cement Kiln Partculate Emission Filters seeking JV Partner
Company
Established In 1958
Annual Sales 1999.US $1.73 million, 2000, US $2.25 million
Current Produced Products: cement machinery- rotary cement kiln with the annual
output of 10-300,000 ten-thousand ton of cement, concentration machinery- daily
volume of 10 to 500 ton/day, forging machinery, environmental-control equipment-static-electric
duster and water-bath duster.
Currently more than 8000 cement
kilns need to use appropriate control technology to reduce particulates to less
then 100mg/m3 to meet the GB/T19001-1994. Because of the high temperature and
humidity using bag filter technology is not practical.
Mode:
Joint Venture
Investment US $ 4,000,000 (Foreign exchange and technology)
Duration
10 to 15 years
Profit per year after taxes US $988,000
Return Rate 9.8/50x100%=19.6%
ROI Period 5.1years