Dentons Biochemical Group is planning to increase production capacity by a third

July 16 (Xinhua) -- Dentons Is Planning to increase production capacity by a third, despite government restrictions on blind expansion of the corn deep processing industryLiu Xiaoming, co-chairman of dentons of, said the company's annual corn processing capacity could reach 2.4 million tons by August, while the new polyol production facility for polyethers will begin production this month, processing corn starch into about 20 types of plasticMonday, the National Development and Reform Commission said China will strictly control the blind development of corn deep processing and corn exports, stop new construction, expansion of corn deep processing projects, and carry out a comprehensive clean-up of projects under constructionIndustry sources say the move is aimed at stabilizing domestic pig production and lowering domestic pork pricesThis year, China's pork prices have risen twice in early May and early July, with the average wholesale price of pork in 36 large and medium-sized cities last Wednesday at Rmb18.57 per kilogram, partly because of excessive priceincreases in feed such as cornbut Mr Liu said the policy would not affect our expansion plansThe government supports large companies with advanced technology, such as oursDentons Biochemical Group was the first commercial production of polyols for polyethersAfter technical testing of the pilot project, Dentons Biochemical spution built a plant with an annual output of 200,000 tonsDentons' biochemical products include corn sweeteners and lysineLysine is an amino acid used to promote livestock growthDentons' shares have fallen 40 per cent since February 2006 as domestic corn prices approach record highs, partly because of the expansion of the ethanol sectorHigh corn prices in China pushed domestic pork prices to record highs in June, prompting the central government to urgently rein in the corn processing industryLiu Xiaoming, a, said the move should help stabilize domestic corn prices, especially given that domestic corn production is expected to reach an all-time high this yearCorn prices must be stable, he said He doesn't think the price will go up sharply He added that while there were concerns that the drought could hurt corn yields, corn production in 2007 should be higher than the previous year Liu Xiaoming, a , said China will have enough corn to meet domestic demand in the next two to three years because the central government controls the development of the corn processing industry The corn processing industry accounts for about 20% of total demand The remaining demand comes from the feed processing industry July 16 (Xinhua) -- Dentons Is Planning to increase production capacity by a third, despite government restrictions on blind expansion of the corn deep processing industry Liu Xiaoming, co-chairman of dentons of , said the company's annual corn processing capacity could reach 2.4 million tons by August, while the new polyol production facility for polyethers will begin production this month, processing corn starch into about 20 types of plastic Monday, the National Development and Reform Commission said China will strictly control the blind development of corn deep processing and corn exports, stop new construction, expansion of corn deep processing projects, and carry out a comprehensive clean-up of projects under construction Industry sources say the move is aimed at stabilizing domestic pig production and lowering domestic pork prices This year, China's pork prices have risen twice in early May and early July, with the average wholesale price of pork in 36 large and medium-sized cities last Wednesday at Rmb18.57 per kilogram, partly because of excessive priceincreases in feed such as corn but Mr Liu said the policy would not affect our expansion plans The government supports large companies with advanced technology, such as ours Dentons Biochemical Group was the first commercial production of polyols for polyethers After technical testing of the pilot project, Dentons Biochemical spution built a plant with an annual output of 200,000 tons Dentons' biochemical products include corn sweeteners and lysine Lysine is an amino acid used to promote livestock growth Dentons' shares have fallen 40 per cent since February 2006 as domestic corn prices approach record highs, partly because of the expansion of the ethanol sector High corn prices in China pushed domestic pork prices to record highs in June, prompting the central government to urgently rein in the corn processing industry Liu Xiaoming, a , said the move should help stabilize domestic corn prices, especially given that domestic corn production is expected to reach an all-time high this year Corn prices must be stable, he said He doesn't think the price will go up sharply He added that while there were concerns that the drought could hurt corn yields, corn production in 2007 should be higher than the previous year Liu Xiaoming, a , said China will have enough corn to meet domestic demand in the next two to three years because the central government controls the development of the corn processing industry The corn processing industry accounts for about 20% of total demand The remaining demand comes from the feed processing industry (name)