Investment Dynamics
COFCO Changchun Corn Industrial Park Started
Date:2017/11/28 15:58:00 Author: Source:

On January 27, Changchun Economic and Technological Development Zone (CETDZ) and COFCO Biochemical Platform signed a strategic cooperation agreement, marking COFCO Changchun Corn Industrial Park with a total investment of RMB 7.5 billion was officially launched.

 

The project is located in CETDZ Biochemical Industrial Park with a planned area of 200 hectares and will be constructed in three phases from 2017 to 2020. The project is planned to include 600,000 ton-a-year fuel ethanol, 50,000 ton-a-year straw cellulose ethanol, 600,000 ton-a-year organic acids, and 150,000 ton-a-year polylactic acid and its products. After put into production, the project is expected to newly convert 3 million tons of corn, increase output value of RMB 15.2 billion and pay taxes of RMB 1.5 billion a year.

 

COFCO Biochemical Platform is the domestic largest and most technologically advanced corn processing enterprise and is responsible for the planning and construction of COFCO Changchun Corn Industrial Park. Relying on Changchun City's grain resources advantages, CETDZ’s comprehensive investment environment advantages and COFCO Biochemical Platform’s industrial advantages, the project will be built into a first-class industrial park in the world and will provide a strong support for the bio-industry development in CETDZ and beneficial help for Changchun City to step toward the goal of "double hundred billion" in the processing of agricultural products.

 

Changchun City People's Political Consultative Conference Vice Chairman and CETDZ Party Working Committee Secretary and Management Committee director He Quanxiu introduced the preliminary work on demolition, purchase and storage, safety assessment, EIA and special railway line design has fully started.

 

 

 

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