Project Name: Rock wool project with an annual output of 100,000 tons
Release Date: 25th April, 2019
Investment Mode: Sole proprietorship
Industry: Manufacturing
Location: Shilong District, Pingdingshan City, Henan Province
Project validity period: One year
Total amount of project capitals: 6.2 million yuan

Rock wool

Project Description:
Rock wool products are internationally recognized as the main energy-saving materials in the “fifth conventional energy” due to their excellent fire insulation properties. The project will annually produce 100,000 tons of high-quality basalt cotton and rock wool products, covering an area of about 180 acres. 600 million yuan, the average investment intensity per mu is 3.3 million yuan. After the rock wool project is completed, the annual sales income can reach 500 million yuan, and the annual tax can be more than 20 million yuan.

Information Source: Henan Investment Promotion Bureau