欧宝体育

1. Introduction to the Project

1.1 Project background

1.1.1 Product introduction

As an organic compound with the chemical formula CH₃NaS, sodium methyl mercaptide appears as a colorless and transparent liquid with a unique odor. As a strong alkaline liquid, it is widely used in the production of pesticides, pharmaceuticals, and dye intermediates, and is also an effective antidote for hydrogen sulfide poisoning. As the sodium salt form of methyl mercaptan, sodium methyl mercaptan can be oxidized to dimethyl disulfide (CH₃SSCH₃) under the action of iodine, making it of great application value in the field of analytical chemistry. Furthermore, the reaction between sodium methyl mercaptide and sulfuric acid can generate methane mercaptan gas, which is important in the synthesis of various pesticides and other chemicals.

1.1.2 Market prospect

(1) Current situation of sodium methyl mercaptide industry

As a key chemical raw material, sodium methyl mercaptide is crucial in many industrial fields.

Its wide application value has been reflected in the industrial chains of pesticides, pharmaceuticals, dyes, rubber, plastics, etc. sodium methyl mercaptide provides solid support for the innovation and development of these industries.

We have carefully classified sodium methyl mercaptide products and noticed that it can be divided into various types such as industrial grade, pharmaceutical grade, etc. based on purity, form, and use. These different types of sodium methyl mercaptide have their own characteristics in production processes and quality control standards, ensuring their optimal performance in their respective application fields. For example, industrial grade sodium methyl mercaptide performs well in dye and rubber manufacturing, while pharmaceutical grade sodium methyl mercaptide is widely used in the pharmaceutical field due to its high purity.

With the continuous advancement of technology and the sustained development of industry, sodium methyl mercaptide are used more widely. In the future, the sodium methyl mercaptide industry is expected to usher in broader development prospects with the application of more innovative technologies and the exploration of emerging markets. Meanwhile, enterprises in the industry shall also continuously optimize production processes, improve product quality, adapt to constantly changing market demands, and promote the sustained prosperity and development of the entire industry.

By now, the industrial scale of the sodium methyl mercaptide industry is gradually expanding. The mainstream products on the market include powdered, liquid, and milky sodium methyl mercaptide, which have a wide range of applications, covering livestock and poultry farming, aquaculture, fruit and vegetable preservation, strawberry ripening, and other fields. It is estimated that the global market size of sodium methyl mercaptide has reached about US$ 3 billion, and it is growing at a rate of about 5% annually, significantly promoting the development of the industry.

In the global market of sodium methyl mercaptide, Asia, especially China, has become the main consumer market for this product due to its huge industrial base and rapidly developing economy. China is not only a major producer of sodium methyl mercaptide, but also a major consumer, with its domestic production capacity and consumption ranking among the top in the world. With the increasingly strict domestic environmental regulations and the improvement of product quality requirements, the Chinese sodium methyl mercaptide industry is facing pressure and opportunities for transformation and upgrading.

Sodium methyl mercaptide production enterprises are actively developing new technologies and improving production processes to reduce pollution emissions during the production process to adapt to market changes and meet environmental requirements. Meanwhile, companies are also exploring more environmentally friendly alternatives to raw materials to reduce their impact on the environment. Furthermore, with the increasing global attention to food safety and health issues, the demand for pharmaceutical grade sodium methyl mercaptide is steadily increasing, which has brought new growth points to the industry.

Looking ahead to the future, the development of the sodium methyl mercaptide industry will place greater emphasis on sustainability and environmental friendliness. Enterprises shall strengthen cooperation with research institutions and promote the application of green chemistry and clean production technologies while ensuring product quality. Meanwhile, the international competitiveness of the entire industry can be enhanced to meet the challenges of the global market by strengthening international cooperation, introducing advanced production technology and management experience.

(2) Development prospects of sodium methyl mercaptide industry

As a key organic synthesis intermediate, the market demand for sodium methyl mercaptide continues to rise with the rapid development of the global chemical industry. It is widely used in various fields such as medicine, pesticides, dyes, rubber vulcanizing agents, etc. The continuous expansion of production technology and application areas of sodium methyl mercaptide has injected new vitality into the development of the industry. It is expected that in the coming years, the production process of sodium methyl mercaptide will tend to be more environmentally friendly and efficient with the increasingly strict environmental regulations and the popularization of green chemistry concepts, positively driving the sustainable development of the entire industry.

Furthermore, as one of the key raw materials, sodium methyl mercaptide has a very broad application prospect in the field of fine chemicals with the increasing global demand for fine chemical products. Enterprises can further enhance the added value of sodium methyl mercaptide through technological innovation and product upgrades, thereby strengthening their market competitiveness. Meanwhile, the international trade volume of sodium methyl mercaptide is expected to further increase with the reduction of global trade barriers, bringing new growth opportunities to the industry.

At the technical level, the production method of sodium methyl mercaptide is also continuously improving. The traditional production method mainly relies on the chemical reaction between methanol and hydrogen sulfide, but with the continuous advancement of chemical engineering technology, new synthesis pathways and catalysts are being developed to improve the yield and purity of sodium methyl mercaptide. These technological advancements not only help reduce production costs, but also decrease the generation of by-products, thereby reducing the impact on the environment.

In the application field, the diversified use of sodium methyl mercaptide is also constantly expanding. In addition to its traditional applications in the fields of medicine and pesticides, it has also shown great potential in the synthesis of new materials. For example, in the synthesis of certain high-performance polymers, sodium methyl mercaptide can serve as a crosslinking agent or modifier, endowing the material with superior physical and chemical properties. Furthermore, with the rise of the new energy vehicle industry, sodium methyl mercaptide has also shown broad application prospects in the preparation of battery materials.

In the pharmaceutical industry, there is a high demand for sodium methyl mercaptide. With the improvement of people’s living standards and the enhancement of health awareness, more and more people are paying attention to skin health. Therefore, the demand for medical products for treating skin diseases is gradually increasing, and as one of the common therapeutic drugs, the demand for sodium methyl mercaptide is also growing.

The demand for sodium methyl mercaptide in the pesticide industry is also strong. With the efficient and large-scale development of global agriculture, the demand for crop protection is also increasing. As an efficient and low toxicity fungicide and insecticide raw material, sodium methyl mercaptide has been widely used in pesticide manufacturing.

In recent years, the market demand for sodium methyl mercaptide has shown a steady growth trend. According to industry data, the actual growth of sodium methyl mercaptide is particularly significant during 2020- 2024. The growth rate during this period not only exceeded the industry average, but also reflected its strong demand in multiple application areas. Especially in the fields of medicine, pesticides, and new material synthesis, the application of sodium methyl mercaptide continues to expand, driving its sustained market share growth.

It is expected that by 2025, the market demand for sodium methyl mercaptide will reach US$ 1.05 billion. Generally, the market prospects for sodium methyl mercaptide are optimistic, but enterprises need to cope with challenges such as market competition, environmental protection, and policy changes, and maintain their competitive advantages through technological and management innovation. The sodium methyl mercaptide industry is expected to achieve sustainable development and bring more economic and environmental benefits to society.

Looking ahead to the future, with the advancement of technology and the increasing demand for quality of life, the potential for the application of sodium methyl mercaptide in more emerging fields will be further explored. It is expected that by 2030, the market demand for sodium methyl mercaptide will continue to expand, and its market size will also achieve significant growth. This trend not only brings broad development prospects for the production enterprises of sodium methyl mercaptide, but also provides more cooperation opportunities for upstream and downstream enterprises in the entire industry chain.

1.1.3 Technical analysis

The technology and process to be adopted in the project, the project organizer has relatively mature technology and has reached the level of industrial production.

1.1.4 Advantageous conditions of project construction

(1) Policy advantages

In recent years, with the tightening of environmental policies, the demand for environmentally friendly products has increased. Sodium methyl mercaptide, as a green and environmentally friendly product, has excellent environmental properties and meets the requirements of national environmental policies, thus receiving policy support.

Policy tilt in the fields of new materials, pesticides, and fine chemicals: The government has provided policy tilt in the areas of new materials, pesticides, and fine chemicals, promoting the production and application of sodium methyl mercaptide.

Siping City is committed to creating a cluster effect in the chemical industry, optimizing the industrial structure, and promoting industrial upgrading. A series of specific measures have been introduced. Firstly, a chemical industry park will be established to provide policy support such as tax incentives and land use convenience for settled enterprises. Secondly, we will increase research investment in the chemical industry and encourage cooperation between enterprises, universities, and research institutions to jointly develop new technologies and products. Finally, Siping City will strengthen environmental supervision to ensure the sustainable development of the chemical industry and protect the ecological environment.

With the implementation of these policies, the chemical industry in Siping City is expected to achieve a qualitative leap in the near future, becoming an important pole of the chemical industry in Northeast China and even the whole country.‌

(2) Industrial advantages

Siping New Development Zone takes the development of new industrialization as its core, undertakes the transfer of industrial advantages and radiation driving effects, follows the principles of green development and circular economy, and takes equipment manufacturing, fine chemicals, biochemistry, green building materials, and commercial logistics as its leading industries. The district is committed to building a comprehensive new industrial economic development zone that integrates industrial production, R&D innovation, commercial and office work, residential communities, logistics and warehousing, and supporting services.

Given the current industrial landscape and future development trends, the chemical industry has been identified as a strategic core to accelerate the construction of chemical industrial parks. By now, two chemical industrial parks have been established in the district, which have developed three main branches: basic chemical, fine chemical, and daily chemical. The leading products include ion exchange membrane caustic soda, liquid chlorine, cefuroxime acid, etc. In recent years, chemical industrial parks have shown rapid development momentum through continuous cultivation and expansion.

The raw materials required for the production of sodium methyl mercaptide in the project can be purchased within the province, which can meet the production needs.

(3) Location advantages

The Xinkai District is located on the First-level Harbin-Dalian Development Axis for revitalization of Northeast China. It is 80 km away from Changchun, 120 km away from Longjia Airport, 190 km away from Shenyang, 230 km away from Jitaoxian Airport, 380 km away from Yingkou Port, and 580 km away from Dalian Port. Several major transportation arteries in the Northeast region, including the Beijing-Harbin Railway, Harbin-Dalian High-speed Railway, National Highway 102, Jiji-Shuangliao Expressway, Harbin- Dalian Expressway, and Ji’an-Xilingol League Abaga Banner Expressway, all pass through the area. There are 2 railway stations, 8 railway dedicated lines, and 3 highway exits in the surrounding area. Siping Station is one of the 18 freight marshalling yards in China’s railways, an important transportation hub in Northeast China, with convenient transportation of raw materials and products.

(4) Talent advantages

Xinkai District collaborated with Changchun Institute of Applied Chemistry, Chinese Academy of Sciences to establish a science and technology innovation center platform, collaborated with Xi’an Jiaotong University National Technology Transfer Center to establish Xi’an Jiaotong University Siping Center, and collaborates with Dalian Institute of Chemical Physics to establish Siping Research Branch; It has unique advantages in promoting the R&D of new chemical materials and the transformation of achievements. Research institutes and universities such as Changchun Institute of Chemical Engineering Chinese Academy of Sciences, Xi’an Jiaotong University, Dalian Institute of Chemical Physics, Jilin University, Harbin Institute of Technology, Dalian Institute of Technology, Northeast Normal University, Jilin University of Chemical Technology, etc. provide talent and technological support for enterprises; Meanwhile, it can also provide technology services, technology transfer, achievement transformation, fund introduction, and consulting services for enterprises in the park. Several universities, including Siping Vocational University, Jilin Engineering Vocational College, and Lishu Vocational High School, provide employment security.

1.2 Contents and scale of project construction

The overall planning area is 50,000 ㎡, with the construction of production areas, office and living areas, warehouse areas, and the purchase of production, testing, and experimental equipment. Annual production of 1,500 tons of sodium methyl mercaptide.

1.3 Total investment of the project and capital raising

The total investment of the project is 100 million yuan, including the construction investment of 80 million yuan.

1.4 Financial analysis and social evaluation

1.4.1 Main financial indexes

After the project reaches the production capacity, its annual sales revenue will be 60.69 million yuan, its profit will be 18.18 million yuan, its investment payback period will be 6.5 years (after the tax, including the construction period of 1 year) and its return on investment will be 18.1%.

Note: “10 thousand yuan” in the table is in RMB

1.4.2 Social evaluation

Promoting employment: The production process of sodium methyl mercaptide requires a large amount of labor, from raw material procurement, production operations to logistics transportation, requiring many human resources to drive the development of related industries and increase employment opportunities.

Promoting local economic development: The production base of sodium methyl mercaptide usually forms an industrial chain in the local area, attracting relevant supporting enterprises to settle in, thereby promoting local economic development and enhancing local economic vitality.

Drive the development of related industries: sodium methyl mercaptide is widely used in industries such as pesticides, dyes, pharmaceuticals, rubber, and plastics. Its production and development will drive the development of these related industries, forming an industrial cluster effect.

1.5 Cooperative way

Sole proprietorship, joint venture and cooperation.

1.6 What to be invested by the foreign party

Funds, other ways can be discussed in person.

1.7 Construction site of the project

Siping New Industrial Economic Development Zone Ecological Chemical Industrial Park

1.8 Progress of the project

The project proposal has been prepared

2. Introduction to the Partner

2.1 Basic information of unit

Name: Management Committee of Siping New Industrial Economic Development Zone

Address: Guojiadian Town, Lishu County, Siping City, Jilin Province

2.2 Overview of unit

Siping New Industrial Economic Development Zone is an important economic development zone in Siping City, Jilin Province. It was established on December 7, 2016 and is a provincial-level economic development zone officially approved by the Jilin Provincial Government. The zoning plan, land use plan, industrial plan, safety assessment, and environmental impact assessment of the newly opened zone have been approved, and the safety risk assessment of the chemical industrial park has been passed. In 2022, the provincial chemical industrial park was recognized and rated as Level C.

Geographical location and transportation conditions

The Siping New Industrial Economic Development Zone is located at the economic center of Northeast China, with convenient transportation. The development zone is 80 km away from Changchun City, 120 km away from Longjia Airport, 190 km away from Shenyang City, 230 km away from Taoxian Airport, 380 km away from Yingkou Port, and 580 km away from Dalian Port. There are 2 railway stations nearby, 8 dedicated railway lines, and 3 highway entrances.

Industrial layout and development situation

The Siping New Industrial Economic Development Zone mainly cultivates three leading industries: medicine, health, green food, automobile and equipment manufacturing, and modern services. By now, there are 12 high-tech enterprises, 10 provincial-level specialized and innovative enterprises, 12 provincial-level technology R&D centers, and 6 provincial-level science and technology small giant enterprises in the development zone. It has 3 well-known Chinese trademarks, 5 provincial-level famous trademarks, 7 provincial-level famous brand products, and has obtained more than 100 invention patents.‌

Situation of Ecological Chemical Industrial Park

The planned area of the ecological chemical park in Siping New Industrial Economic Development Zone is 12.15 k㎡, with a focus on developing two major industrial chain clusters: fine chemical and chlor alkali chemical. Several chemical enterprises have settled in the park, such as Siping Fine Chemicals Co., Ltd. and Shuangliao Haohua Chemical Co., Ltd. The policy of “leaving the city and entering the park” has implemented in the park to promote the entry of chemical enterprises into the park, forming an industrial agglomeration effect, and achieving a safety risk Level D.‌

Development of New Energy Chemical Industry

The Siping New Industrial Economic Development Zone is also actively developing the new energy and chemical industry, relying on abundant biomass resources such as straw and cow manure, and introducing multiple key projects. The new materials industry park within the park has established a platform for high-level innovation and entrepreneurship talents to pilot, transform, and scale up scientific and technological achievements, attracting scientific and high-end talent resources and promoting industrial innovation and development.

2.3 Contact method

Contact unit: Investment and Operation Bureau of Siping New Development Zone

Contact person: Yu Quan

Tel: +86-13844482777

E-mail: xkqtzyxj@126.com

Contact method of the city (prefecture) where the project is located:

Contact unit: Siping Municipal Economic and Technical Cooperation Bureau

Contact person: Wen Dacheng

Tel: +86-434-3260536

E-mail: spjhjjhk@163.com