China New Energy Buys 24% Stake In Hungarian Biorefinery Company - Visontai Bioetanol

The Hungarian biorefinery Visontai Bioetanol company is scheduled to enter production in 2017. The China New Energy (CNE) will provide proprietary pre-treatment, fermentation, distillation and dehydration technology to the project. It will also provide long-term training, support and maintenance.

The Hungarian biorefinery is set to start operating in 2017 after a 13-month construction period. The contract value for CNE is about 34 million euros, of which 11 million euros will be paid to local subcontractors.

China New Energy has constructed more than 100 (fuel) ethanol, bio-butanol production plant projects since its foundation. 

According to CNE’s website, all projects passed trial run at the first time and are running well. As the technical leader in the industry, the company’s domestic market share is over 60%, and ranks first since 2004. 

Over the years CNE’S business activity has been expanded to ASEAN and EU markets as well as in South Asia and Chinese Taipei.

Source: Hungary Today

The future of P&P industry?

IM is wondering, what will the future of P&P be like.

Referring his ideas, five major topics are needed:

1 PRODUCT: you shall have some product which is really needed among customers. An example: LPB (everybody will buy milk and juice in carton packages every day during her/his lifetime).

2 PERSONNEL: persons on all levels of the company, interested to sell good products.

3 MARKET: the only question: are the customers well aware about your product? If not, why?

4 RESEARCH: R&D in P&P is not a region of "sunset". A lot can be done to improve the quality of products, production etc. It would be possible to find even new products: why not to sell motor oil in LPB containers?

5 DEVELOPMENT. This is the most difficult issue. R&D is interested to develop new ideas but the economists do not see any forecasts for the innovations - why?

- O.K. IM is just a microbiologist and do not understand the global economy. He is still asking, however: where is the development and optimistic forecasts in P&P industry?

IM will also ask: are the Asian people more enthusiastic to develop P&P industry? Not only economically but also in their minds?
POSTED BY JUHA V. MENTU AT 11:01 AM 0 COMMENTS
LABELS: CHINA GLOBAL, DEVELOPMENT, MARKET, PERSONNEL, PRODUCT, RESEARCH