Construction of Chinese citric acid plant to start in Hungary next summer
China's RZBC is scheduled to launch the construction of a HUF 31 bln citric acid plant in northeastern Hungary next summer, the head of the county council of Borsod-Abaúj-Zemplén announced today. The plant will be built either in Sajószentpéter or Kazincbarcika.
With RZBC’s commitment to employ 165 people for the next ten years, the Hungarian government approved a one-off HUF 1 bln investment subsidy for the plant in September.
The plant is expected to produce 100,000 tons of citric acid a year, using 200,000 tons of maize feedstock. Output of the plant is planned to account for 5% of the global sum.
RZBC has already registered its Hungarian unit and is in the process of obtaining environmental permits for the plant.
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