Financed by 10 billion Yuan joint investment of Central Beijing Taihang Biotechnology Co. and China Infrastructure Construction Investment Group Co., the plant is being built for an annual output of 1 million t of lactic acid and PLA. Raw material is starch and biomass, and annual throughput of corn, straw will be up to 1,5 million metric tons, covering more than 670 km2 of arable land and 600,000 farmers, driving local economic development.

China Bio news release, July 27, 2016