日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Companies

Wuliangye, New Hope plan grain joint venture

By Wang Zhuoqiong (China Daily) Updated: 2014-07-15 06:57

Top baijiu producer Wuliangye Yibin Co Ltd and leading agribusiness operator New Hope Group Co Ltd have set up a joint venture to turn distillery waste into feed, and raise cows with the feed.

Baijiu is a popular Chinese liquor distilled from fermented sorghum and rice.

Feed for farming cattle that is produced from distillery byproduct costs less than feed from other sources and is competitive in terms of quality, according to industry experts.

Yibin Wuliangye Environmental Protection Industry Co, a subsidiary of Wuliangye, will hold 35 percent of the joint venture, which is known as Sichuan Jinwu New Feed Technology Co Ltd.

Wuliangye, New Hope plan grain joint venture
Wuliangye gives lower prices a shot
Wuliangye, New Hope plan grain joint venture
Reinvention needed for baijiu makers
New Hope Liuhe will hold 35 percent, and Yibin Feiyan Investment Co Ltd will hold 30 percent.

With an investment of 772 million yuan ($124.5 million), Wuliangye will provide the material for feed while New Hope Liuhe will be in charge of product research.

Industry experts said it is a challenge for distillers in China to use all of their distillery waste efficiently. Many sell any surplus to farming or breeding companies or even throw it away.

In March, China Energy Conservation and Environment Protection Group signed a collaboration framework with the Guizhou provincial government to invest 6 billion yuan in distillers' grain processing and management programs to produce natural gas and organic fertilizer.

"Dealing with distillery waste from baijiu manufacturing matters for environmental protection and companies' economic standing," said Liang Mingxuan, an analyst at CIConsulting.

The collaboration with New Hope will produce distribution channels for Wuliangye's massive volume of distillery waste and increase sales revenue.

New Hope will also get material for producing feed, Liang said.

The project will involve more than 10,000 cows.

Dairy cows have become the darlings of many investors seeking improved returns amid the nation's economic slowdown.

Yunfeng Capital, a private equity firm co-founded by Alibaba Group Chairman Jack Ma, Target Media founder Yu Feng and Citic Private Equity, spent 2 billion yuan for a 60 percent stake in a unit of dairy giant Inner Mongolia Yili Industrial Group Co Ltd.

According to Yili, the investment will help sustain milk supply sources, enhance farm building capacity, and expand and upgrade the dairy source network to boost profitability.

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 午夜一级免费 | aaa成人| 亚洲色图图片 | 日韩av高清 | 国产探花一区二区 | av男人在线 | 色婷婷777777仙踪林 | 久久黄色免费网站 | 第一页在线观看 | 久久国产视频一区 | 女性裸体瑜伽无遮挡 | 欧美成人三级 | 99热国产在线| 999国产精品视频免费 | 天堂网一区 | www在线播放 | 国产成人精品免费视频 | 久操综合 | 亚洲一区二区色 | 亚洲欧美日韩色 | 欧美激情免费看 | 成年人在线观看视频网站 | 中文字幕在线视频免费观看 | 一区二区午夜 | xxxx国产精品| 午夜导航| 日日摸日日干 | 精品一区精品二区 | 91亚洲国产成人精品一区二区三 | 免费的三级网站 | 婷婷国产 | 日韩久久久久久久 | 黄色av导航 | 亚洲69av| 日本久久高清视频 | 久久久久国产一区二区三区 | 99在线视频观看 | 久草免费在线视频 | 九九热在线精品 | 日本精品久久久久 | 伊人激情视频 |