Arowana is going to do PLA

The Institute of Biodegradable Materials reported that Arowana is going to be polylactic acid PLA! That's right, it's Yihai Kerry, the company that makes Arowana edible oil
.
Two years ago, relevant personnel of Yihai Kerry discussed the PLA industry with the Institute of Biodegradable Materials
.

On June 13, Zhang Jianhui, Secretary of the Zhoukou Municipal Party Committee of Henan Province, held a working meeting with Wang Binde, Director of the Grain Science and Technology Division of Yihai Kerry Group
.
The two sides conducted extensive and in-depth exchanges on deepening and expanding cooperation space, planning deeper and wider cooperation, and promoting better, mutually beneficial and win-win development
.

Yihai Kerry Group will invest in a new corn deep processing project with an annual output of 2 million tons in Zhoukou City.
It is a comprehensive processing project integrating food processing, biotechnology and energy supply.
The total investment is 8 billion yuan.
The annual output value is 12 billion yuan, the tax payment is 300 million yuan, and more than 1,000 people are employed
.
The overall investment project is expected to be completed in 5 years
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According to the Environmental Impact Report of Yihai Kerry (Zhoukou) Biotechnology Co.
, Ltd.
Annual Processing of 2 Million Tons of Corn Deep Processing Project, the site is located 200 meters east of the intersection of Zhouxiang Road and Zhoushan Road, Gang District, Zhoukou City, Henan Province.
The investment of 2 billion yuan will be carried out in two phases, each of which is 1 million tons per year.
The main products are corn starch, corn crude oil and other corn by-products, covering an area of ​​about 896 acres and a construction period of 20 months
.

In the second phase of the project, Yihai Kerry mentioned lactic acid, polylactic acid, and modified starch products, but did not disclose the detailed product scale
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However, in previous reports, Yihai Kerry also expressed its readiness to enter the biodegradable material industry
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Wu Huixiang, general manager of Yihai Kerry (Zhoukou) Company, said in an interview with Dahe Daily in January 2022, "Yihai Kerry Group will rely on Zhoukou Modern Food Industrial Park, develop around the Zhoukou biodegradable material industry cluster, and actively introduce polylactic acid.
technology, and realize the project’s construction as soon as possible
.
The project has a large investment scale and high technology content, and is an important component of Zhoukou City’s construction of a 100 billion-level biodegradable material industrial cluster
.
”

Wang Binde said that Yihai Kerry is very optimistic about the future development of Zhoukou, and will continue to deepen the development of Zhoukou, accelerate the implementation of projects, extend the industrial chain, expand the space for cooperation, formulate a development "roadmap", expand cooperation in multiple fields, and contribute to the high-quality economic development of Zhoukou.
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