Inhuman Grain & Oil (Wuhan) Co., Ltd signed with Cihui Street Office of Dongxihu district on Jan. 11 to invest RMB 160 million Yuan to set up the small package production base for “ARAWANA edible oil”, becoming the first manufacturer for “ARAWANA edible oil” in central China region. 

The project is planned to put into production a year later, with daily yield 1000 tons of edible oil in small package, annual production ability 250000 tons, production value RMB 3 billion Yuan and profit and taxation over RMB 50 million Yuan per anum.

Xinyuan Grain & Oil (Wuhan) Co., Ltd is subordinated to Singapore Wilmar Holdings Group and is the leading enterprise in edible oil processing of Hubei province, with annual processing volume of more than 200000 tons of soy bean oil, rapeseed oil and cottonseed oil. Last year the output value RMB 1.5 billion Yuan had been realized by the company.

“Koufu” edible oil was the prominent brand of this company before this, the good investment environment of Dongxihu had promoted its daily growth, and it had won the production permit for small package edible oil of “ARAWANA” at the end of last year.

It is known that “ARAWANA” edible oil at the markets of central China are all produced in Shenzhen. After the project is put into production, it will fill the blank in central China region with supply to the whole Hubei province, so as to ensure the launching time and freshness of the edible oil.

It is learnt from the principal of this company that within 5 years in the future, the company will make a further investment RMB 400 million Yuan to establish a grain and oil magnate in Dongxihu district with annual yield 500000 tons of edible oil and sales income exceeding RMB 6 billion Yuan.