Assessment And Analysis Of The Polypropylene Project Of DaQing Refining And Chemical Company

Due to enormous amount investment, sophisticated technology requirement and high-energy consumption, most of chemical construction investment projects used to be focused by national investment. With the development of market economy and changing of investors, market competition became more and more acute, more complex factors and external conditions affect economic profits. So having a better project assessment is the key to avoid or decrease decision-making fault in investment activities. Technology & economic evaluation as an important part in investment project analysis and assessment, its contents and analysis framework is very important.This essay carries out project assessment and risk management under the guide of modern project management thoughts. First, analyzes the background of the Polypropylene Project of DaQing Refining and Chemical Company and the strategic orientation of DaQing Refining and Chemical Company. which proposed the project; then analyzes the market demand for the polypropylene, the internal and external advantages and disadvantages of DaQing Refining and Chemical Company in the project; then analyzes the feasibility of the project, including painstaking analyses of production scale, industrial procedure, production method, selection of equipment, human resource, security and sanitary, and environment; and then by using forecasted financial indexes further deduces a concrete set of distinguishing indexes, such as payback period of the project, internal rate of return, net present value, and performs economic analysis and assessment, and based on them concludes the primary conclusion that the project is feasible, at last after integrated the results of break-even point analysis and sensitivity analysis, turns out the final summing-up that the project bears notable risk-resistance capacity and provides important reference for investment decision-making consideration.