June 10, 2012
China - Update on recent industry developments (week ended June 8, 2012)
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Twins Group, Baifuda Feed establish green feed operation in Heilongjiang
Twins Group and Baifuda Feed Co. Ltd jointly invested RMB150 million to establish Twins Green Feed Co. Ltd, a green feed production facility in Wangkui, Heilongjiang.
The first phase of construction upgrades current Baifuda Feed's technology to a production line producing 240,000 tonnes of green feed, with an annual output value of RMB720 million, raking in more than RMB5 million earnings. The second phase of construction will build a new green feed production line with an ouput capacity of 300,000 tonnes.
Upon completion of these two phases by August this year, the annual output value is expected to reach RMB1.62 billion.
New Hope Group establishes RMB830 million integrated broiler operations in Shaanxi
New Hope Group will invest RMB830 million in establishing integrated broiler operations in Baoji city, Shaanxi province. Construction will be carried out in two phases and will include broiler slaughtering and processing plants, hatcheries, rearing bases and feedmills, with the objective of processing two million broilers and 300,000 tonnes of high-grade feed annually.
Yurun Group invests RMB120 million in new hog farm, Shaanxi
Yurun Group will be investing RMB120 million in a new hog farm. On completion, the farm in Xianyang city, Shaanxi province will supply 12,000 head of parent stock, and 28,000 heads of finishing hogs annually, projected to generate RMB400 million in output value.
Hubei builds RMB125.73 million beef cattle breeding and slaughtering base
The municipal government of Zhijiang, Hubei and Yichang Taizhou Chamber of Commerce recently clinched a deal of RMB125.73 million beef cattle breeding and slaughtering base to be built in Yichang city, Hubei.
The slaughtering and processing facility, its breeding farm will occupy 80 mu and 360 mu respectively. Construction is expected to start in July and end in December this year. Upon completion, an annual output of 2,000 tonnes of animal processed products and 10,000 beef cattle can be produced, with a 5000-strong stock herd.
Wens Group builds 300,000-hogs farming base in Hunan
Wens Group will be building a new hog farming base in Yongzhou city, Hunan. Occupying 350 mu of land in Lingling county, the base will construct several farming units, which together can release 300,000 hogs each year.
Guizhou's RMB21 million beef cattle eco-farm to operate in end June
Guizhou Fanjingshan Ecological Agriculture Co. Ltd has invested RMB21 million to build a 24,000 sq metres integrated eco-farm. The farm has completed the first phase of construction which includes an office tower, 13 standardised beef cattle barns and five pens. By late June, the farm will be operational with 5,000 Simmental cattle on-site in production.