Stay true to the mission
February 27, 2019 is the day that will be included in the history of the development of the Russian yeast industry.
Angel Yeast, the world's third largest producer of yeast in Asia, held a grand factory completion ceremony in Lipetsk, Russia. Chinese and Russian political figures, relevant industry associations, Chinese and Russian media and many partners gathered together and witnessed this historic moment.
Yu Xuefeng, chairman of Angel Company and Tajintsev, the first deputy governor of Lipetsk jointly pressed the button that symbolizes the operation of the Angel Russia factory. ““Stay true to the mission”. Angel has fulfilled their original promise—to build Russia's most advanced yeast plant, Angel's most advanced production line.
As early as June 29, 2015, Yu Xuefeng, Chairman of Angel Company, set the goal at the signing ceremony of the Angel’s Russia project investment agreement that to build Russia’s most advanced yeast plant and Angel’s most advanced production line.
After three years, they did it.
Today, a modern yeast factory representing world-class levels stands on the Russian land.
The investment in the new yeast factory in Russia is an important action for Angel Company to actively respond to the national “One Belt, One Road” initiative. It is also an important strategic measure for Angel to accelerate the internationalization process. It is the second overseas factory of Angel after the Egyptian factory. The project was invested with 100 million US dollars. After 18 months of construction and more than one year of trial operation, Angel Russia factory was officially put into production, with the production and quality indicators reaching relevant standards,
As Li Jingyuan, the counselor of the Chinese Embassy in Russia, said in his speech at the completion ceremony that Angel Russia factory is a landmark project and a successful cooperation model for Chinese investment projects in Russia.
In the speech of the completion ceremony, the first deputy governor of the Lipetsk region, Tajintsev, also stated that Russia-China relations have achieved good development under the direct concern of President Putin and President Xi Jinping. The Angel Russia factory is the embodiment of this relationship. Angel Russia factory is the most advanced yeast factory in Russia.
Xinhua News Agency, People’s Daily, CCTV, and major Russian media also applauded and praised Angel’s feat.
Angel Russia is indeed Russia's most advanced yeast factory and is Angel's most advanced production line.
First, Angel Russia factory has t leading technology and equipment. Yeast production equipment, production technology, energy equipment and environmental protection equipment have reached world-class levels.
Second, Angel Russia factory’s products are rich in variety. In the first year of production, Angel Russia factory produced two kinds of products, dry yeast and fresh yeast. The specifications of dry yeast not only have 500g to 10kg industrial packaging, but also 15g to 100g small packaging. Angel Russia factory is the first factory among yeast factories that has achieved a multi-category and multi-standard production within a year.
Third, Angel Russia factory is sustainable. The Russia factory uses natural gas as fuel to achieve comprehensive energy utilization and high energy efficiency. More than 20% of the total investment in Russian projects is used for environmental protection. Although the wastewater is treated and then enters the urban sewage treatment plant, the main indicators have reached the standard of straight discharge. With the mission of "focus on yeast biotechnology, innovate for healthy life", Angel will surely lead the healthy development of Angel Russia factory.
Fourth, Angel Russia factory hire mainly local employees. Angel Russia factory has a total of 554 employees, including 530 Russian employees, accounting for more than 96%. At the beginning of the establishment of the Russian project, the company recruited 65 Russian employees to China for a 9-month training period to ensure the successful commissioning and stable operation of the project. These trainees have become the backbone of the Russia factory, and some excellent employees have entered the factory management.
Russia's location advantages, economic advantages and market advantages are also very obvious. First, the import of products from China, the transportation time needs more than 2 months. The export from Russia to Central Asia, the Middle East and Europe can greatly shorten the supply cycle. Second, the import of goods from China, the tariff is about 14.5% (previously up to 30%). In addition to the Russian market, the Lipetsk factory can export to the member countries of the CIS Free Trade Zone with zero tariffs, which greatly reduces the tariff cost. Third, the establishment of a baking center, localization of product development can shorten the development cycle of new products.
Angel Russia factory is scientifically selected, rich in raw materials and products environmentally friendly, advanced in equipment technology, which guarantees the continued operation and continuous development of Angel Russia factory. Yu Xuefeng, chairman of Angel Company, said that Russia’s investment in every thousand tons of dry yeast is the largest compared to all Angel factories, but we do not hesitate to invest in these investments, and we believe that these inputs will be given to shareholders and stakeholders in the future.
The production of Angel Russia factory is only the first step for Angel to go out in the Russian market. They will develop more fields and develop more categories in the Russian market in the future. Angel’s goal is to enlarge the Russian market and improve its occupancy rate.
"Building Angel Russia, serving the Russian economy" and "never satisfied", Angel Russia will play an important strategic role in the globalization of Angel Company.