September 29, 2010
Yurun to build broiler and feed processing plants in Liaoning
Yurun Group Co Ltd will invest RMB450 million (US$67 million) in building broiler and feed processing facilities in Zhangwu county, Liaoning province.
The broiler processing plant costs RMB250 million (US$27 million) and is designed with a capacity to handle 30 million units of broiler per year. It is estimated to generate RMB1 billion (US$149 million) of sales and RMB30 million (US$4 million) of tax payment every year.
The feed processing plant costs RMB200 million (US$30 million) and has the capacity to handle 300,000 tonnes of feed per year. Annual sales and tax payment are estimated at RMB1 billion (US$149 million) and RMB40 million (US$6 million) respectively.