COFCO Biochemistry (Anhui) Co., Ltd., founded in 1998, was renamed from Yuanfeng Yuanhua, a famous trademark in Anhui Province and a famous brand product in Anhui Province, mainly producing fuel ethanol, citric acid, L-lactic acid, ethylene oxide, amino acids, corn gluten powder and residue feed products
COFCO Biochemistry (Anhui) Co., Ltd. (hereinafter referred to as "COFCO Biochemical") is a large-scale backbone enterprise involved in the deep processing of agricultural products in the field of biochemistry in China, and a state-level leading enterprise in agricultural industrialization, which was established on August 28, 1998 and listed on the Shenzhen Stock Exchange on July 12, 1999 (stock code: 000930). The company's headquarters is located in Bengbu, the "Pearl City" on the bank of the Huai River, the company's total assets of 7.2 billion yuan, nearly 10,000 employees, the main production base in Bengbu City citric acid production area, amino acid production area and fuel alcohol company; Enterprises outside Bengbu include Ma'anshan COFCO Biochemical Co., Ltd., Suzhou COFCO Biochemical Co., Ltd., Anhui COFCO Oil Co., Ltd., and Dangshan COFCO Fruit Co., Ltd.; There is a state-level enterprise technology center. On December 8, 2006, COFCO signed an agreement with the Bengbu Municipal Government and Fengyuan Group to acquire 200 million shares of COFCO Biochemical held by Fengyuan Group (accounting for 20.74% of the total share capital), becoming the largest shareholder of the company. In 2011, the company achieved an operating income of 7.4 billion yuan and a net profit of 355 million yuan.
Through the use of "low-temperature liquefaction, clear liquid fermentation" patented technology and the world's leading process equipment, the company carries out intensive processing of corn and other agricultural and sideline products, and has formed an annual production capacity of nearly 3 million tons of corn, and the products mainly include fuel ethanol, citric acid, L-lactic acid, ethylene oxide, amino acids, corn gluten powder and residue skin feed and other products.
While vigorously developing the biomass industry, COFCO Biochemical has established and improved a sound safety production system, scientific and technological research and development system, and a perfect marketing system at home and abroad. In terms of marketing system, we continue to develop overseas markets, and currently have many internationally renowned enterprises in the Americas, Europe and Asia as the company's customers, forming a marketing network all over the country, providing a strong guarantee for the sales of various products.
The company adheres to the scientific concept of development, pays attention to energy conservation and emission reduction and the development of circular economy, adopts advanced biological fermentation technology and separation and extraction technology, selects clean production technology, reduces the generation of pollutants, and lays a good foundation for subsequent environmental protection treatment. Through the centralized treatment and comprehensive utilization of waste water and waste residue generated in the production process, environmental protection products such as biogas, organic compound fertilizer, ammonium sulfate fertilizer, bacterial protein powder, feed yeast and other environmental protection products can be obtained. After treatment, the wastewater is fully discharged up to standard.
In the past ten years, COFCO Biochemical has transformed traditional industries with high and new technologies to develop traditional fermented products, continuously innovated independently, and used renewable resources of agricultural products to process and transform them into bioenergy and biochemical products. It mainly includes fuel ethanol, bioethylene and its derivatives, L-lactic acid and its derivatives, polymers, etc., which are of great strategic significance for improving the energy consumption structure, alleviating the shortage of petroleum resources, protecting the environment, stabilizing agricultural production, increasing farmers' income, and achieving sustainable development.
At present, the company's new bioenergy and biomaterials industry is developing continuously and steadily. In the future, the company will focus on the development of non-food bioenergy and biochemical industries, that is, the production of ethylene, ethylene oxide and its derivatives, fuel ethanol, polylactic acid and its derivatives, non-toxic plasticizers and other organic ester products with biomass as raw materials, and strive to build COFCO Biochemical into the main force of COFCO's biochemical energy industry and be the leader of China's biochemical industry. Dedication to green and healthy products to maximize the value of customers, shareholders and employees.
