Decision Analysis And Evaluation On Gas Based Acetylene Project Of Chongqing NGC Co.

As an overall non-listed enterprise of the China Petrochemical Corporation, Up to now from 1998, Chongqing NGC Corporation has experienced three key stages, covering loss of efficiency and benefit, turnaround, and sustained growth. With the correct leadership and strong support from Sinopec as a parent company, the Business has got rid of the dilemma by the means of turnaround, following a sustained economic growing period of eight years since 2000, continually. As of 2007, the company has become part of the non-listed petrochemical asset management company's revenue-generating units, whose efficiency in the non-listed enterprises ranks high. Its practical experience of many years in running the company and strategic adjustment do help the company establish the acetylene gas chemical industry at the core of positioning. Some measures, like separation of the main and secondary, secondary triage restructuring, flatting management, has been taken to further reduce the cost of management, which promotes the development and growth of the company. There are Methanol, VAC, PVA and other devices in Chongqing NGC co. now, although it is the largest or a larger scale in the country, but compare with the domestic or the proposed new unit or similar foreign devices, it's small scale too.Through expanding the company's acetylene gas production, its competitive advantages and economies of scale will be obviously and necessary.On such basis, it is detailed, analyzed and demonstrated in this article, in terms of background, resource conditions, and market situation of gas-based-acetylene project, advantage for the development of such project, risk analysis and competitiveness, severing as evidence for decision-making. This research report also covers the analysis and evaluation for the economic, financial and social effect, generating the feasibility of the invested environment, market, technology, economic and the rationality and advancement of chemical process and technology. The evident advantage of the development of the natural gas and chemical industry and investment on the gas-based-acetylene project, low risk, outstanding economic benefits and high financial net value with investment value are detailed in the report. Through demonstration for the feasibility, the paper proposed that the investment of Chongqing NGC Corporation on gas-based-acetylene project displays strong competitiveness of products and strong ability to resist risks within the right time set, and item's setting up lately will have a very important function to market share and competition ability which promote the company existing product to intensify the implementation of the project. This report provides reliable evidence for decision-making of the investment on gas-based-acetylene project by leaders of company.