Sanhe Hopefull Grain and Oil Group Ltd, one of China’s leading private agriculture companies, will invest 2 billion yuan ($317 million) in vegetable oil refinery project in Jiangsu province and another 2 billion yuan in a soybean processing plant in Liaoning province, a senior official of the company said on Thursday [10 September 2015]. Shi Kerong, chairman of the group, said the company will have a total soybean processing capacity of 9 million tons annually when the projects are completed, which will help the company enter the top three of China’s grain and oil industry…Full Article: China Daily Sept 2015

Key Point

  • As of 2015, Sanhe has an annual soybean processing capacity of 3 million MTs and 550,000 MTs of soybean oil. Sanhe is the only private Chinese company to own and operate a Brazilian port.

ChinaAg Comment

  • Founded in 1999 and headquartered in Hebei province, Sanhe Hopefull Grain and Oil Group is a major soybean processor. The company’s products primarily include soybean oil, soybean meal, and soybean lecithin.

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