А1. Product name

(а) Short name: Tech. rearmament  of the phthalic anhydride manufacture

(b) Full name: Technical rearmament of the phthalic anhydride manufacture with the power increase up to 48 thousand tons a year.

(с) Short description (annotation): The project presupposes that the equipment will be bought for the reconstruction of the technological line «А», steam-condensation department (section) and distillation section. Realization of the project will afford to increase manufacture volume (quantities) and  phthalic anhydride realization quantities.

А2. State of the project

The project is at the realization stage. The first and the second stages of the project are already fulfilled (reconstruction of the crystallization and packing departments, reconstruction of the technological line «B»). We need the company-investor in order to finish the project (to reconstruct the technological line «А», steam-condensation department (section) and distillation section).

А3. Participating organizations and their role

(а) JSC «Lakokraska» Lida – borrowing company. The Republic of Belarus, Grodno Region, Lida,

Director – Sidorov Ivan Petrovich, tel. (0154) 52-14-06, fax (0154) 52-27-55; (0154) 52-17-14.

А4. Description of the project

Introduction of the project at JSC «Lakokraska», Lida is realized by the reconstruction of the technological line «А», steam-condensation department (section) and new building of the distillation section.

JSC «Lakokraska» Lida has the experience of exploitation of the similar objects. Section (guild) of the phthalic anhydride manufacture has been working since 1976; as a result it needs to be reconstructed because of the moral and physical wear (deterioration) of equipment. So we make provision for purchase and installation of the modern equipment for the phthalic anhydride manufacture.

In the process of manufacture orthoxylol is used as a raw material (JSC «Naphtan» is the manufacturer).

А5. Possible obstacles/problems/risk degree

- assured sale of the product, both for own consumption, and on an export;

- expansion of the production of orthoxylol by the plants of the Republic of Belarus.

А6. The realization period of the project (years)

The realization period of the project – 2009-2013, the period of getting compensation (reward) is 6,3 years.

А7. Project belonging branch

Chemical industry of the Republic of Belarus.

В1. Physical components of the project (equipment, work, services and so on which is necessary for the project realization).

В2. Investment, million EUR

Work in building and installation

6,38

Equipment

12,06

Others

1,56

С1. The kind of sourses (grants, investments, share costs/property et cetera)

С2. The sum, million EUR

Proper credits of JSC «Lakokraska»

2,5

D1. Lackage of the financial resources, the kind of the financial aid (credit, share costs, et cetera)

Lackage of the financial resources is 17,5 million EUR. The kind of the financial aid – crediting, direct investments.

D2. Financial sources

D3. The type of the financial instrument

D4. The sum, million EUR

Proper credits of JSC «Lakokraska»

money credits

2,5

Investor’s credits

crediting, direct investments

17,5

Total sum:

20,0

Е1. Type of consumers/markets, volumes (quantities), prices, profits, calculated benefit, savings

During a few nearest years average annual growth rates for the phthalic anhydride will be 3,2% or 100,0 thousand tons.

JSC «Lakokraska» is planning to sell the phthalic anhydride at the following markets: South-Eastern Asia ( China) – 13 000 tons, Europe – 15 000 tons, Russia – 12 760 tons, the Ukraine – 2 000 tons, the Republic of Belarus – 240 tons.

Н1. Filling form (Last name, the name, patronymic; position): Teslyukevich I.S., deputy of main engineer on perspective development and investments

Н2. Company (name and address): JSC «Lakokraska» Lida, the Republic of Belarus, 231300,

Н3. Tel./Fax/Е-mail: (0154) 522755, (0154) 521714, support@lidalkm.by

Н4.  Date: 18.12.2009

Н5: Project departmental belonging: «»