Angel
Enzyme Preparation, a subsidiary of Angel Yeast, announced a new green
manufacturing project is in progress, in Angel Biotechnology Industrial Park, as
of September 2021. Once complete, the project will have an annual enzyme
production output of 5,000 tons. The new project will cover 80 hectares and has
a planned total investment of RMB 340 million. It aims to establish a
sustainable and intelligent manufacturing base for new enzyme preparations, and
is estimated to be completed by Q4 2022. After being put into production, it is
expected the project will generate RMB 350 million in annual revenue —
including RMB 130 million in profits — and create 200 jobs, the company
estimated.
“Angel
Yeast’s green manufacturing project marks a significant milestone for the
company. With this project, we will be able to meet the production capacity
requirements of Angel Yeast’s enzyme preparations business in the future, while
also continuing to enhance our sustainability efforts. Using green and
intelligent manufacturing processes, this project accelerates the pace of Angel
Yeast’s development as we strive to become a global professional biotech
company,” said Zhihong Du, General Manager of Angel Enzyme Preparation and the
leader of the project.
Angel
Enzyme Preparation was established in 2021 as a wholly-owned subsidiary of Angel
Yeast and is registered in Yichang, Hubei Province.
Angel
Enzyme Preparation specializes in enzyme preparations such as nuclease,
deaminase, glutaminase, lactase, and protease, which are widely used in baking,
among others.
Looking
ahead, Angel Yeast announced it would diversify its production capabilities
with a focus on yeast, health food ingredients, nutritious health foods, and
the development of new biological technologies.