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.