With $ 320 mi, Chinese will have plant in Mato Grosso do Sul

The deal comes at a time when the Chinese Government restricts the expansion of its domestic corn processing industry to try to ensure supplies for the livestock industry, with corn production already struggling to handle the robust growth in demand.
BBCA biochemical producer based in Anhui Province, in Eastern China, will start the construction of the factory next year. The production of corn starch and other products such as glucose, maltose, corn oil and protein powder will start in 2015, according to information from the Government of Mato Grosso do Sul.
The factory will process corn produced by local farmers. The Governor of Mato Grosso do Sul, André Puccinelli, who was in Beijing for the signing of the investment agreement, said that 60% of products are exported to the European Union, with the remainder being used in the local market. The project will require an investment of $ 320 million.
The Brazil is the third-largest corn exporter, while China, the world's second largest consumer, behind only the United States, has been increasing rapidly imports since 2011, buying a record 5.2 million tons over the past year.
Biotech China BBCA Group is one of the powers of biotechnology China. Installed in Beng Bu, Anhuí province, located at 900 miles from Beijing, the company will deploy its Brazilian factory in Maracaju and should hire at least 400 workers directly.
The agreement signed by the Governor and the Mayor of Maracaju, Maurílio Azambuja, with the Chief Executive Officer of BBCA Group, Read Roger Jie, a partnership between the company, the State Government and the municipality. The expectation is that the factory has deployment beginning later this year, with the operation already in the year 2015.
The understandings with the BBCA were started in 2009, in the first visit of Governor Puccinelli to China.
Directors of the company have been in during the Maracaju Showtec 2013, and must return to the municipality in May to speed up the negotiations. The company needs the disposal of 100 acres of area for the headquarters of the enterprises and will acquire more 50 hectares. In addition, depends on the tax incentives that the State and the city will provide to perform the development that paves the way for a large chain around the corn, employing more than 2,000 people between production and industrialization of raw material.
Puccinelli confirmed the support of the State Government to the high standard the BBCA project aims to train some workers in China's industrial units and produce world-class quality food, using as inputs 600 thousand tons of maize and 300 000 tonnes of eucalyptus. The corn will be used in the production of starch, glucose, maltose, corn oil, protein powder, dietary fibre, corn germ, lysine and citric acid.
Founded in 1958, the BBCA is one of the largest science and technology for Biochemistry, bio-energy and Bio-Pharma of China, with more than 8,700 employees. As one of the largest science and technology for Biochemistry, bio-energy and Bio-Pharma, the group stands out as national business innovation, national high-tech enterprise and the national data base of science, technology and innovation.
By the end of 2005, the total assets of the company reached 19,300 thousand employees. At the end of 2006, the BBCA Group sold his stock of BBCA Biochemical to COFCO. After the reform, the Group has 8,700 employees and eight subsidiaries: BBCA Pharmacists, Taifu, BBCA Biochemical Industry, Tiger-biology, BBCA Gelatin, BBCA Food, BBCA Pharmaceutical Technology, chemistry and equipment BBCA. The most important is the National Research Center of fermentation Technology and engineering Pharmaceutical R & D Center, which has more than 370 patents.
During the five-year plan (2011-2015), BBCA Group adopted the strategy of "go out". Based on advanced biological fermentation technology and the global influence of our main products, the BBCA Group exports deep processing technology and agricultural equipment to the abundant agricultural resources in regions such as South America, Eastern Europe and Southeast Asia. In order to meet the requirements of the Chinese market, the BBCA imports many products, such as fish oil, fish meal, soya, olive oil, milk powder, among others.