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Highlights on Issue 1011
Related Market R
Chinese modified starch's output is estimated to reach 1.1 million tonnes in 2010. Except some starch sugar products which can substitute sucrose, performance of most Chinese corn products was disappointing in September 2010 in terms of exports because of domestic uprising prices and increased exchange rate of USD/RMB in China, while import performance was still satisfactory in September 2010 Owing to depreciation of US dollars, inflation in China, and the rising manufacturing cost as well as brisk market demand, many corn products' prices are witnessing increase in November. Corn oil price increases significantly in China COFCO is to establish a starch sugar plant in Wuhan City, and is expected to launch it in 2013.
Production, Mark Manufacturing Co Alcohols in China Production, Mark Benchmarking of Gum in China Biomass Energie China Benchmarking of and Polylactic Ac
BBCA Group reduced its sales of tryptophan products in domestic market.
Production and M Xylose in China
In this issue CCM utilizes the Nine-Power-Analysis Model to analyze competitiveness of Fufeng Group and Meihua Group, two leading MSG producers in China.
Production and M Xylitol in China
Henan Jindan will endeavor to enlarge overseas lactic acid market after it upgraded its product quality in early 2011.
Future of Enzyme
Guangji Pharmaceutical's net profit in 2010 is estimated to decrease by 50% ~70% over last year, due to the low price of VB2 and high cost of raw material. Ronghua Industry decides to discard its GA business, and transfers it to Ronghua Industry & Trade. Price of potato-based starch keeps increasing although the newly harvested potato has been marketed. Corn price maintains uptrend in many areas such as Northeast China, North China and South China, mainly caused by the brisk demand, increased logistics cost and inflation in China. A new technology to produce yeast protein has already been adopted by Qinghuangdao Lihua.
Production and m Stevia Sweetene Future of Starche Future of White B in China Biofuels Market in The Survey of So Pacific
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COFCO to establish starch sugar plant China Agri- Industries Holdings Limited (China Agri-Industries), a listed company held by China Oil & Foodstuffs Corporation (COFC establish a starch sugar factory in Wuhan City, Hubei Province. The project is planned to be divided into two stages with total invest about USD75 million and expected to be completed in 2013.
The major product in the fist-stage construction is F55 high fructose syrup (HFS) with capacity of 100,000t/a, which can bring in USD tax payment. And the major products in the second stage are maltose syrup and HFS, with total capacity of 200,000t/a. Moreover, th stage construction is expected to be started in July 2011. COFCO discloses that products produced in this plant will be mainly provided to some large well-known beverage and food process enterprises, like Coco Cola, PepsiCo, Uni-president, etc. After the whole project being completed, total capacity of starch sugar in th will reach 300,000t/a and the annual sales is expected to amount to USD150 million, which can bring in USD4.5 million tax payment It is not the first time for COFCO to enter starch sugar industry. In July 2009, China Agri-Industries bought all shares of Rongshi Biot Biological Technology Co., Ltd. (Rongshi Biotechnology), the largest starch sugar producer with total capacity of 150,000t/a in Yang Delta. (Corn Products China News 0908, P9) The initiation of this new starch sugar plant is the company's another step to expand it sugar business, which also signifies COFCO's great confidence in starch sugar industry. COFCO is not the only company to have a plan to expand the starch sugar business. It's reported that Xiwang Sugar Holdings Com Limited is also planning to expand its crystallized fructose capacity .........
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