March 01, 2012

Beijing Dabeinong Technology Group to invest millions for expansion

Beijing Dabeinong Technology Group, a Chinese producer of animal feeds and seeds has announced it is to spend  618 million yuan, (€79 m / US$105.362 m) on a nationwide capacity expansion program. According to the company, it will acquire and expand animal feed production lines in five cities for 318 million yuan (€37.5m), and another 300 million yuan (€35.5m) for the construction of a bio-pharmaceutical industry base by wholly-owned subsidiary. Beijing Zhongke Mufeng Bio-Technology, high demand exceeding the company's ability to supply is the reason for the expansion, and limited capacity has restricted  development, said Dabeinong Technology Group. Read more ...

This blog is written by Martin Little, The Global Miller, published and supported by the GFMT Magazine and the International Milling Directory from Perendale Publishers. To get your copy of  'PPLAPP' click here.
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