The consortium consists of SDIC Biotech Investment Co. (90 %) and the Tiefa Coal Group (10 %), who plan to invest 3,99 billion Yuan in a plant in Diaobingshan City, Liaoning Province. Production capacity is aimed at 306,000 t of fuel ethanol, 276,300 t of protein-rich feed, and 20,000 t of corn oil. The project builds on the abundant corn resources in the Tieling area.

China Bio news release, August 7, 2017