Fuel ethanol re-creates bright Fengyuan biochemical or into Cofco biological platform

the recent steady rise in international oil prices, oil prices next year to return to $100 viewWith energy shortages and high oil prices, the enthusiasm for alternative energy has been rekindledFuel ethanol as a traditional energy alternative, its development is inevitable, the industry is expected to restart, where non-food ethanol will become mainstreamthe veritable ethanol king in the A-share market
Sitting with 440,000 tons of fuel ethanol, its majority shareholder Cofco Group is the domestic leader of non-grain ethanol, the industry's rising business climate or help its performance greatly increased, and the majority shareholder Cofco Group's expectations of its bioethanol assets injection, will also become the company's biggest point of view next yearfuel ethanol industry re-emergesFuel ethanol generally refers to the volume concentration of more than 99.5% of waterless ethanol, as a renewable energy, fuel ethanol can be used directly as a liquid fuel or mixed with gasolineit is understood that China's initial development of fuel ethanol, is to solve the problem of aged grainIn 2001, the five ministries promulgated the "Several Provisions on the Treatment of Aged Grains", which stipulated that aged grain is mainly used in the production of ethanol, feed, etc., and approved the establishment of four ethanol enterprises: Fengyuan Biochemical, Cofco Biochemical, Jilin Fuel Ethanol, Henan TianguanHowever, in recent years, with the rapid development of fuel ethanol, aged grain consumption, the production of raw materials gradually to corn new grain-based, due to China's large population, this situation will directly lead to fuel "with people", "food and land" problem, so the government began to strictly control the grain ethanol project, domestic fuel ethanol in recent years, the development rate of significantly slowedwith the reduction of oil reserves, high international oil prices, the development of fuel ethanol becomeinevitabl, in order to avoid competing with people for food, non-food ethanol will become the key development direction in the futureLiu Xintian, editor-in-chief of the china chemical network of, told the Daily Economic News that this year's production of fuel ethanol is estimated to be about 1 million tons, with the advent of the era of high oil prices and the "12th Five-Year Plan" of the country's support for new energy construction, China's biofuel ethanol production is expected to reach 10 million tons in 2015, the market potential is hugeIn addition, as long as crude oil prices are above $70, fuel ethanol has a clear price advantageother media reports, Cofco Group Scientific Research Institute Vice President and General Manager of the Biochemical Research and Development Center, Ni Xiaoming revealed that in May this year, COFCO and Sinopec, Denmark's Novozymes jointly built China's largest cellulosic ethanol plant, the State Energy Administration will give 10% of the financial subsidiesThe Move by the National Energy Administration has brightened the outlook for the fuel ethanol industryFengyuan Biochemical Waiting for Assets InjectionData show that Fengyuan biochemical fuel ethanol production capacity of 440,000 tons, the actual annual output of 370,000 tons to 380,000 tonsFuel ethanol accounts for the largest share of the company's revenue, with 46%, 49% and 51% from 2007 to 2009, respectivelyan industry analyst pointed out that Fengyuan biochemical is mainly the use of corn to produce fuel ethanol, the company's corn cost is lower than the market, according to a ton of fuel ethanol needs to consume 3 tons of corn to calculate, fuel ethanol price per ton rose 1000 yuan, the company's earnings per share will thicken 0.22 yuanThe company earned 0.26 yuan per share for the whole of last yearData show that in November, 99% of the price of ethanol on the market has risen from the beginning of the month of 5600 yuan / ton to 7000 yuan / ton, a rise of up to 25%Fengyuan Bionormal is a listed company controlled by COFCO, or one of the four enterprises that the country has designated to produce fuel ethanol, and is also a rare fuel ethanol label in the A-share market, which will directly benefit from the rapid development of the fuel ethanol industryAt the same time, the company backed by the powerful COFCO Group, and its subsidiary China Grain and Oil Holdings of the inter-industry competition will be resolved next year, the company is expected to become COFCO's biofuel assets platformit is understood that COFCO, which owns 20.74 per cent of Fengyuan Bio, is its largest shareholderChina Grain and Oil Holdings, a subsidiary of COFCO Group, has entered into a non-competition agreement with COFCO Group prior to its listing on the Hong Kong Stock Exchange of China, which has the option and preferential right to acquire Fengyuan's biochemical equity, and if it does not choose to buy its stake in April 2011, COFCO must sell it to an unrelated third party within six monthsmarket is expected to be unlikely that Cofco will transfer Fengyuan's biochemicals to non-affiliatesIf China Grain and Oil Holdings succeeds in acquiring a stake, COFCO is expected to use Fengyuan Biochemicals as a platform for integrating its energy business and inject its biofuel assets through asset restructuringCOFCO's existing production capacity of 250,000 tons, with a production capacity of 150,000 tons under construction, a stake in Jilin Fuel Ethanol Co., China, with a production capacity of 400,000 tons/year, and a 200,000-ton fuel ethanol project with cassava as raw material in the Guangxi Northwest SeaCOFCO has a bioethanol production capacity of 1.22 million tons/year, accounting for 75% of the countryIf injected into listed companies, Fengyuan biochemical fuel ethanol production capacity will be increased by 1.77 timesmarket participants pointed out that COFCO has been in the forefront of domestic non-food ethanol, if it injects biofuel assets, Fengyuan Biochemical will become a well-deserved bioethanol leader, ushering in huge investment opportunities the recent steady rise in international oil prices, oil prices next year to return to $100 view With energy shortages and high oil prices, the enthusiasm for alternative energy has been rekindled Fuel ethanol as a traditional energy alternative, its development is inevitable, the industry is expected to restart, where non-food ethanol will become mainstream the veritable ethanol king in the A-share market
　　Sitting with 440,000 tons of fuel ethanol, its majority shareholder Cofco Group is the domestic leader of non-grain ethanol, the industry's rising business climate or help its performance greatly increased, and the majority shareholder Cofco Group's expectations of its bioethanol assets injection, will also become the company's biggest point of view next year fuel ethanol industry re-emerges 　　Fuel ethanol generally refers to the volume concentration of more than 99.5% of waterless ethanol, as a renewable energy, fuel ethanol can be used directly as a liquid fuel or mixed with gasoline it is understood that China's initial development of fuel ethanol, is to solve the problem of aged grain In 2001, the five ministries promulgated the "Several Provisions on the Treatment of Aged Grains", which stipulated that aged grain is mainly used in the production of ethanol, feed, etc., and approved the establishment of four ethanol enterprises: Fengyuan Biochemical, Cofco Biochemical, Jilin Fuel Ethanol, Henan Tianguan However, in recent years, with the rapid development of fuel ethanol, aged grain consumption, the production of raw materials gradually to corn new grain-based, due to China's large population, this situation will directly lead to fuel "with people", "food and land" problem, so the government began to strictly control the grain ethanol project, domestic fuel ethanol in recent years, the development rate of significantly slowed with the reduction of oil reserves, high international oil prices, the development of fuel ethanol becomeinevitabl, in order to avoid competing with people for food, non-food ethanol will become the key development direction in the future Liu Xintian, editor-in-chief of the china chemical network of , told the Daily Economic News that this year's production of fuel ethanol is estimated to be about 1 million tons, with the advent of the era of high oil prices and the "12th Five-Year Plan" of the country's support for new energy construction, China's biofuel ethanol production is expected to reach 10 million tons in 2015, the market potential is huge In addition, as long as crude oil prices are above $70, fuel ethanol has a clear price advantage other media reports, Cofco Group Scientific Research Institute Vice President and General Manager of the Biochemical Research and Development Center, Ni Xiaoming revealed that in May this year, COFCO and Sinopec, Denmark's Novozymes jointly built China's largest cellulosic ethanol plant, the State Energy Administration will give 10% of the financial subsidies The Move by the National Energy Administration has brightened the outlook for the fuel ethanol industry Fengyuan Biochemical Waiting for Assets Injection 　　Data show that Fengyuan biochemical fuel ethanol production capacity of 440,000 tons, the actual annual output of 370,000 tons to 380,000 tons Fuel ethanol accounts for the largest share of the company's revenue, with 46%, 49% and 51% from 2007 to 2009, respectively an industry analyst pointed out that Fengyuan biochemical is mainly the use of corn to produce fuel ethanol, the company's corn cost is lower than the market, according to a ton of fuel ethanol needs to consume 3 tons of corn to calculate, fuel ethanol price per ton rose 1000 yuan, the company's earnings per share will thicken 0.22 yuan The company earned 0.26 yuan per share for the whole of last year Data show that in November, 99% of the price of ethanol on the market has risen from the beginning of the month of 5600 yuan / ton to 7000 yuan / ton, a rise of up to 25% Fengyuan Bionormal is a listed company controlled by COFCO, or one of the four enterprises that the country has designated to produce fuel ethanol, and is also a rare fuel ethanol label in the A-share market, which will directly benefit from the rapid development of the fuel ethanol industry At the same time, the company backed by the powerful COFCO Group, and its subsidiary China Grain and Oil Holdings of the inter-industry competition will be resolved next year, the company is expected to become COFCO's biofuel assets platform it is understood that COFCO, which owns 20.74 per cent of Fengyuan Bio, is its largest shareholder China Grain and Oil Holdings, a subsidiary of COFCO Group, has entered into a non-competition agreement with COFCO Group prior to its listing on the Hong Kong Stock Exchange of China, which has the option and preferential right to acquire Fengyuan's biochemical equity, and if it does not choose to buy its stake in April 2011, COFCO must sell it to an unrelated third party within six months market is expected to be unlikely that Cofco will transfer Fengyuan's biochemicals to non-affiliates If China Grain and Oil Holdings succeeds in acquiring a stake, COFCO is expected to use Fengyuan Biochemicals as a platform for integrating its energy business and inject its biofuel assets through asset restructuring COFCO's existing production capacity of 250,000 tons, with a production capacity of 150,000 tons under construction, a stake in Jilin Fuel Ethanol Co., China, with a production capacity of 400,000 tons/year, and a 200,000-ton fuel ethanol project with cassava as raw material in the Guangxi Northwest Sea COFCO has a bioethanol production capacity of 1.22 million tons/year, accounting for 75% of the country If injected into listed companies, Fengyuan biochemical fuel ethanol production capacity will be increased by 1.77 times market participants pointed out that COFCO has been in the forefront of domestic non-food ethanol, if it injects biofuel assets, Fengyuan Biochemical will become a well-deserved bioethanol leader, ushering in huge investment opportunities (name)