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Fuhai Sanhe Food Goes Bankrupt and for Consolidation in Xinjiang

China Agriculture Report By CnAgri2017-04-07 16:55:18China Agriculture Report Print

Fuhai Sanhe Food Co., Ltd., Xinjiang used to be Xinjiang Fuhai Sugar Plant. It mainly operated on sugar and particle sugar beet feed, the daily sugar production capacity was 1,800 tons. The company halted operation in 2015 due to sluggish sugar price and non timely payment for raw materials. Consolidation is the process.

 

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