PROJECT PROFILE – SUMMARY SHEET
Project Introduction
1. Project title: The production of Anhydride acetic, maleic, and phthalic
2. Sector: The construction of different materials and chemical products (24)
Subsector: The construction of basic chemicals except different types of fertilizers and azote compositions (11)
3.Products/Services: Anhydride acetic, maleic, and phthalic
4. Location: Bostanabad industrial estate 2, East Azerbaijan Province
5. Project description:
Land area: 40,000 m2
Building area: 23,800 m2
Facilities’ cost: 23,194 million Rials
A brief description of production process:
Anhydride acetic is resulted from the reaction of methanol, monoxide carbon, and acid acetic in the presence of
complex radium catalyst and promoters of methyl iodide and lithium iodide. In the process of the production of
anhydride acetic a percent of acetic acid enters the reaction and some of it is extracted in the form of purified acid acetic
from the process.
Also anhydride maleic is gained from the oxidation of normal butane in vapor phase and in fixed bed reactor in the
presence of vanadium-phosphor oxide catalyzer.
To supply anhydride phthalic, the composition of hot air with sublimed naphthalene enters the pipe reactor containing
catalyzer and raw anhydride phthalic is produced. After cooling in the condenser and condensation, anhydride phthalic
is warmed again and enters distillation system in vacuum to achieve an optimal qualified product, and finally it is stored
in tanks in the form of shale or melts status.
The main equipment of this project includes reactors and heat transmitters, isolators and separators, and cells and
catalyst retrieval machines and promoters.
6. Annual Capacity:
The nominal capacity of anhydride acetic, acid acetic, anhydride maleic, and anhydride phthalic are equal to 4000,
2000, 4000, and 4000 tons annually, respectively and the practical capacity of them would be 3600, 1800, 3600, and
3600 tons annually, respectively.
Project Status
7. Local/ internal raw material access: 100%
8. Sale:
- Anticipated local market: 70%
- Anticipated export market: 30%
9. Construction Period: 3 years
10. Project Status :
- Feasibility study available?
Yes
No
- Required land provided?
Yes
No
- Legal permissions (establishment license, foreign currency quota, environment, etc) taken?
Yes
No
- Partnership agreement concluded with local/foreign investor?
Yes
No
- Financing agreement concluded?
Yes
No
- Agreement with local / foreign contractor(s) concluded?
Yes
No
- Infrastructural utilities (electricity, water supply, telecommunication, fuel, road, etc) procured?
Yes
No
- List of know-how, machinery, equipment, as well as seller / builder companies defined?
Yes
No
- Purchase agreement for machinery, equipments and know- how concluded?
Yes
No
Financial Structure
11.Financial Table:
Description
Local Currency Required
Equivalent in
Million Rials
Rate
Million Euro
Foreign Currency
Required
Million Euro
Total
Million Euro
Fixed Capital
292,543
33,713
8.68
7.00
15.68
Working Capital
32,512
33,713
0.96
0.00
0.96
Total Investment
325,055
-
9.64
7.00
16.64
- Value of foreign Equipment /machinery 7 million Euro
- Value of local Equipment and machinery 2.33 million Euro
- Value of foreign technical know-how 0 million Euro
- Value of local technical know-how 0 million Euro
- Net Present Value (NPV): 3 million euro for 10 years of exploitation
- Internal Rate of Return (IRR): 38.63%
- Payback Period (PP): 2.44 years after the start of the exploitation period
- Minimum attractive rate of return: 30%
General Information
12. Project Type :
Establishment
13. Company Profile
-Name (legal /natural persons) :
-Company Name :
-Address :
-Tel:
-E-mail:
Fax:
Web site:
Expansion and completion
-Local entrepreneur :
private sector
public sector
other
Please attach follow is available
- Pre feasibility Study
- feasibility Study
- Legal permissions (establishment license, foreign currency quota, environment, etc.)