Oil plants are profitable and foreign capital is competing to build factories in China

Introduction: Lin Yongqing, executive vice president of China vegetable oil industry association, analyzed that it was the high profit of domestic soybean processing, low construction cost, rapid growth of market demand and early opening of soybean import that made foreign investors optimistic about China's soybean processing industry By the end of last year, there were 53 large-scale oil plants with a daily processing capacity of more than 1000 tons of soybeans in China, of which 14 were foreign-funded enterprises, accounting for nearly 1 / 3 of the market share There were 48 refined vegetable oil plants with a daily processing capacity of more than 150 tons, of which 38 were foreign-funded enterprises, accounting for more than 90% of the total processing capacity At the same time, two of the three better soybean protein isolate processing plants in China have been purchased by DuPont company of the United States, and another one is under negotiation Wang junzi, Secretary General of China vegetable oil industry association, told reporters that the popular saying that foreign investors invest in China's soybean processing industry is "ABC is all over China", in which a refers to adm company in the United States; B refers to Bangui company in the United States; C refers to Cargill company in the United States, as well as Guo brothers in Singapore and golden light group in Indonesia These multinational companies set up import soybean processing enterprises in the southern coastal areas and ports like "chessmen", and their technological equipment and market layout are fully internationalized It can be seen that foreign businessmen are not occupying the domestic soybean processing industry, but "half of the country" that already has domestic soybean processing industry QtN