China Information

Tuesday, January 23, 2007

European Agricultural Enterprise Invested in Wuhan

Recently, Sonac (China) Co. Ltd. was founded in Guanggu.This company was jointly invested by Sobel, the subsidiary of Wai Yeung Company, which is the biggest European agricultural group, and Wuhan National Protein Corporation. The total investment of this company has reached RMB540m. Sonac Company will specialize in the development and production of feedstuff and food that are made of animal's blood, and also plan to establish several domestic processing enterprises of animal's blood.Wai Yeung Company, the foreign shareholder of the company, is an international foodstuff group of Netherlands and also the biggest agricultural group in Europe. Its subsidiary Sobel is the biggest European processing company of animal's byproducts.

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