China Integrated Energy (CBEH) announced it has completed a new 50k ton biodiesel production facility adjacent to an existing 100k ton plant in Tongchuan City. The new plant brings the total biodiesel production capacity to 200K per year. The new plant will scale production throughout the year, beginning at 25% capacity this quarter to 50% next and to near capacity by the 3rd quarter. CBEH has expanded its operations significantly in recent months and announced … Read the rest
Tag Archives: china integrated energy
China Integrated Energy (CBEH) Expanding Biodiesel Operations With Hainan Purchase
China Integrated Energy (CBEH) has signed a non-binding letter of intent to acquire the assets of Hainan Lin Gao Chemical which includes the land and facilities to provide a place for CBEH to build a 300K ton biodiesel plant. The company is expected to close on the $9 million deal by the end of this quarter and begin production with an initial capacity of 100K tons within a year from the close. The facility will … Read the rest
China Integrated Energy (CBEH) Closes On Acquisition Of Biodiesel Production Facility
China Integrated Energy (CBEH) announced it’s closed on the acquisition of a 50,000 metric ton biodiesel production facility in Chongqing City, China and expects to ramp up production and distribution of biodiesel product from this facility immediately very soon. The plant adds to CBEH’s current 100K ton production facility along with another new 50K ton plant and will add to revenues right away. The company expects the plant to add $32 million in revenues and … Read the rest