The standard of ethanol subsidy for Fengyuan biochemical fuel is raised

On May 13,, Anhui Fengyuan Biochemistry Co., Ltdannounced that the company recently received the Ministry of Finance of Anhui Province transferred to the Ministry of Finance "on the advance allocation of the first quarter of 2009 fuel ethanol elastic subsidy notice", in accordance with the relevant provisions and the Ministry of Finance in Anhui Province, the Office of the Financial Ombudsman office of the first instance, in 2009 In Anhui Province fixed-point enterprises biofuel ethanol elastic subsidy standard adjusted to 2246 yuan / tonChina has become the third largest producer and application of biofuel ethanol after Brazil and the United StatesRelevant ministries have promulgated the Notice on Strengthening the Construction Management of Biofuel Ethanol Projects and Promoting the Healthy Development of the Industry, and biofuel ethanol producers will receive certain policy subsidies to help the fuel ethanol industry develop in an orderly and healthy mannerFengyuan, as the only fixed-point biofuel ethanol production enterprise in Anhui Province, is the largest fuel ethanol production enterprise in China, currently has 440,000 tons / year of fuel ethanol production capacity, to achieve the province of Anhui Province, Shandong Province 7 cities, Jiangsu Province 5 cities, Hebei Province 2 cities of the stable supply of fuel alcoholAccording to the regulations of the Ministry of Finance, Fengyuan's 2009 fuel ethanol subsidy standard is 2,246 yuan/ton, up 61 yuan/tonne from the 2008 fuel ethanol subsidy standard of 2185 yuan/ton's 2008 annual report shows that Fengyuan's main business income was RMB480,186.77 million, up 14.93% YoY; Fuel ethanol and its by-products achieved operating income of RMB2.35 billion, up 21.92% YoYNet profit for the first quarter of this year was RMB21,353.8 millionOn May 13,, Anhui Fengyuan Biochemistry Co., Ltdannounced that the company recently received the Ministry of Finance of Anhui Province transferred to the Ministry of Finance "on the advance allocation of the first quarter of 2009 fuel ethanol elastic subsidy notice", in accordance with the relevant provisions and the Ministry of Finance in Anhui Province, the Office of the Financial Ombudsman office of the first instance, in 2009 In Anhui Province fixed-point enterprises biofuel ethanol elastic subsidy standard adjusted to 2246 yuan / tonChina has become the third largest producer and application of biofuel ethanol after Brazil and the United StatesRelevant ministries have promulgated the Notice on Strengthening the Construction Management of Biofuel Ethanol Projects and Promoting the Healthy Development of the Industry, and biofuel ethanol producers will receive certain policy subsidies to help the fuel ethanol industry develop in an orderly and healthy mannerFengyuan, as the only fixed-point biofuel ethanol production enterprise in Anhui Province, is the largest fuel ethanol production enterprise in China, currently has 440,000 tons / year of fuel ethanol production capacity, to achieve the province of Anhui Province, Shandong Province 7 cities, Jiangsu Province 5 cities, Hebei Province 2 cities of the stable supply of fuel alcoholAccording to the regulations of the Ministry of Finance, Fengyuan's 2009 fuel ethanol subsidy standard is 2,246 yuan/ton, up 61 yuan/tonne from the 2008 fuel ethanol subsidy standard of 2185 yuan/ton's 2008 annual report shows that Fengyuan's main business income was RMB480,186.77 million, up 14.93% YoY; Fuel ethanol and its by-products achieved operating income of RMB2.35 billion, up 21.92% YoY Net profit for the first quarter of this year was RMB21,353.8 million (name)