China Starch (Shandong Golden Corn) plans to double lysine production capacity within 2 years

China Starch Finance Director Liang Zhaokang said after the shareholders' meeting, the group's overall gross margin has returned to the 2007 level, the current starch and lysine market orders and prices have increased, the group's main market Shandong tax-bearing starch quote of 3000 yuan (RMBthe same), including 98.5 percent of the lysine per ton price of 14,000 to 15,000 yuan, 65% of the component is 6000 yuan, the increase is double digitshe said that the mainland starch sugar market has a huge potential for soft drinks, which is one of the raw materials for production, from October to November last year, according to the National Bureau of Statistics, supply increased by 24% year-on-yearHe pointed out that China's starch production in the whole fourth quarter of last October reached more than 4,000 to 5000 tons, the first four months of this year, the average monthly output has been more than last year's fourth quarterhe continued that the business had broken even and that large breweries were beginning to adopt the Group's starchy sugar products , believing that plant utilization could gradually increase and that they would be expected to start commercial production in the second half of the yearIt is estimated that the gross margin will be 1% to 2% higher than corn starch, accounting for up to 10% of the Group's total turnoverGroup, which raised HK$350million in the equity market at the beginning of the year, said it would distribute the capacity expansion plans for its three products equally, with the annual production capacity of corn starch to be increased from 850,000 tonnes to 1.65m tonnes by the end of 2011 and lysine from 55,000 tonnes to 10.50 Ten thousand tons of starch sugar from 100,000 tons to 300,000 tons, Liang said, the current new plant in Linqing, Shandong Province is adding 100,000 tons of starch production capacity, the target this year the new plant starch capacity can be increased by 100,000 to 150,000 tons, other products to expand the production capacity of the specific timetable, is still in the plannedChina Starch Finance Director Liang Zhaokang said after the shareholders' meeting that the group's overall gross margin has returned to the 2007 level, the current starch and lysine market orders and prices have increased, the Group's main market Shandong tax-bearing starch quote of 3000 yuan (RMBthe same), including 98.5 percent of the lysine per ton price of 14,000 to 15,000 yuan, 65% of the component is 6000 yuan, the increase is double digitshe said that the mainland starch sugar market has a huge potential for soft drinks, which is one of the raw materials for production, from October to November last year, according to the National Bureau of Statistics, supply increased by 24% year-on-yearHe pointed out that China's starch production in the whole fourth quarter of last October reached more than 4,000 to 5000 tons, the first four months of this year, the average monthly output has been more than last year's fourth quarterhe continued that the business had broken even and that large breweries were beginning to adopt the Group's starchy sugar products , believing that plant utilization could gradually increase and that they would be expected to start commercial production in the second half of the yearIt is estimated that the gross margin will be 1% to 2% higher than corn starch, accounting for up to 10% of the Group's total turnoverGroup, which raised HK$350million in the equity market at the beginning of the year, said it would distribute the capacity expansion plans for its three products equally, with the annual production capacity of corn starch to be increased from 850,000 tonnes to 1.65m tonnes by the end of 2011 and lysine from 55,000 tonnes to 10.50 Ten thousand tons of starch sugar from 100,000 tons to 300,000 tons, Liang said, the current new plant in Linqing, Shandong Province is adding 100,000 tons of starch production capacity, the target this year the new plant starch capacity can be increased by 100,000 to 150,000 tons, other products to expand the production capacity of the specific timetable, is still in the planned(Name)