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Proposed project: Dual Property Hard Alloy Production
BY 2004-03-18 16:20:08
Name of the proposed project: Dual Property Hard Alloy Production
Description of the proposed project (products,technology and marketing):
Dual property hard alloy (DP alloy) is a kind of new material with compound properties, which has not yet been produced in batches in China. Its main characteristics are:
1) The working face of the product is made of the material with high hardness and the supporting body is made of the material with high toughness. Compounding these two materials gives the dual property;
2) Part of low priced metal can reduction in production cost and the increase of enterprises' profit. This Project intends to seek the foreign investors for joint investment and to develop this new material, which has wide prospects.
Intended mode of cooperation: (*)Equity joint venture (*)Contractual joint venture () Technical introduction () Equipment import (*)Compensation trade () Other forms
Total investment : USD 0.8 millionRegistered capital: USD 0.4 million
Intended duration of cooperation: 10 yearsProjected time for reimbursement: 1.5 years
Chinese contribution and structure (in US Dollars): -Total: 0.42 million
-Break down: () Cash (*)Equipment (*)Technology (*)Buildings (*)Land () Others
Foreign Contribution Sought and structure (in USD): -Total: 0.38 million
-Break down: (*)Cash (*)Equipment () Technology () Others
Project site: Part of the existing plant
Project progress:
(* ) A detailed project description
(* ) Pre-feasibility study
( ) Feasibility study report
The project is: (* )Encouraged ( )Permitted ( )Restricted by the state
Description of Chinese partner:
Name: Dalian Hard Alloy FactoryAddress: 1 Wuyi Road, Lushunkou Dist., Dalian, China
Total Capital : USD 3 millionRegistered capital: USD 1 million
Year of Establishment: 1965Ownership: Whole People
Tel: 86-411-6610213Fax: 86-411-6613577
Post Code: 116041Email:
Land Coverage: 60,000 square metersLand premises: 12,000 square meters
Number of staff: 234Average age: 38
Average monthly salaries: RMB 600Number of technical staff: 20
Main products: Cobalt, nickel powder, tungsten powder, tungsten carbide powder, hard alloy, etc..Output: 100 t / year

Technological & operational condition(Industrial technology & product sales): The factory is the only enterprise in the northeast China, which produces hard alley with whole procedure. The DP series alloy developed by the Factory is the initiative in China with large market capacity. Only in the mines of the north China the demand has reached 150 tons.

Development in the same trade(Including domestic enterprise & enterprise with foreign investment): The Chinese enterprises of the same trade have introduced only cutting and drilling tools, but have not introduced mine tools. There are seven enterprises of the same trade in China.
Negotiator of the project: Ms. Cui Caifu
Tel: 0086-411- 6611684
Fax: 0086-411-6610206
Email: lushun@dalian-gov.net
(Editor:) (From:China-Dalian.com)
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