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The Angel Biotechnology Industrial Park officially started

Dec. 23, 2020

By Zoe Yang

On the morning of December 18, the Angel Biotechnology Industrial Park project was launched in Yichang City, Hubei Province. The planned investment of the project will total 1.94 billion yuan. The project covers an area around 387,000 square meters and is planned to be constructed in two phases.

The yeast green production base project (phase I project) started this time with a total investment of 1.14 billion yuan. It will build a production line with an annual output of 35,000 tons of yeast and yeast extract as well as a supporting sewage treatment system in the park.

After the main plant is completed and put into operation in the first half of 2022, the annual sales revenue will reach 720 million yuan and the profits and taxes of 130 million yuan respectively. The intelligent, digital, safety and environmental protection level of the project will be in a leading position in the global yeast industry.


About Angel:

Angel Yeast Company is a high-tech listed company specializing in yeast and biotech. Product business covers Yeast and Baking, Yeast Extract-Savoury, Nutrition & Health and Biotechnology fields. It is one of the world's leading companies in the yeast industry. Angel has 12 holding subsidiaries and provides products and services for more than 150 countries and regions.

http://en.angelyeast.com/

Press contact:

ANGEL YEAST CO., LTD

Address: 168 Chengdong Avenue, Yichang, Hubei 443003, P. R.China

Tel: +86-717-6369520, 6369558

Fax: +86-717-6370680

email: aie@angelyeast.com

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