The Taiwan-owned enterprise plans a total investment of 3.3 billion yuan and the site will cover 150 acres. In the first phase of full production, annual output will reach 50,000 tons, and sales will reach 900 million yuan, with a revenue of 100 million yuan. The business plan calls for becoming the largest production base of polylactic acid in China within 10 years.

China Bio news release, September 9, 2015

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