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Created: 05/11/2010 02:53:41 AM - Followers: 0 - Board type: Free - Posts Today: 0







Company Information:

130 Adelaide Street West Suite 2105
, Ontario
Canada M5H 3P5

Tel: (416) 603-7500
E-Mail (General Inquiries):

Asia Bio-Chem Group Co. Ltd. (“Asia Bio-Chem” or the “Company”), through its wholly-owned subsidiaries is a leading manufacturer in China of corn starch and related byproducts.  The Company produces corn starch, corn germ, gluten and fibre per year for the Chinese domestic market, which has been experiencing robust demand for agriculture products.

Cornstarch is used in the manufacturing of hundreds of food products including MSG, fructose, maltose, glucose, dextrin, citric acid and lysine.  Cornstarch is also used to produce sugar alcohols such as sorbitol and mannitol and is used to produce a wide variety of modified starch products for the pharmaceutical and fine chemical industries.  The cornstarch manufacturing process produces three by-products: corn germ, gluten and fiber.  Corn germ is used by the Company’s customers to produce corn oil used for cooking or in producing margarine.  The gluten and fiber products manufactured by the Company are used by livestock farmers as animal feed.

In September, 2008 Asia Bio-Chem purchased Daqing Biochemical Company Ltd. a company located in Helongjiang Province.  Daqing Bio owns a partially completed corn processing which, upon completion, is expected to add 600,000 tonnes of processing capacity which will triple the Company’s current capacity to produce cornstarch and related by-products.

For the nine-month period ending September 30, 2008, Asia Bio-Chem’s revenues and pre-tax operating income were $62.8 million and $9.8 million, respectively.







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#18 News: $ABC AmerisourceBergen Reports Fiscal 2019 Second Quarter Results whytestocks 05/02/2019 03:50:38 PM
#17 ABC.TO chart... uplisted. MinnieM 09/26/2010 06:38:30 PM
#16 is from the top of Heavenly Ski HoosierHoagie 06/17/2010 05:47:39 PM
#15 That is a truly gorgeous photo. ;) MinnieM 06/17/2010 05:45:42 PM
#14 Cool...fingers crossed..:-) HoosierHoagie 06/17/2010 05:44:06 PM
#13 This one looks like it may be turning MinnieM 06/17/2010 05:41:14 PM
#12 And to you as well...watching another one close HoosierHoagie 06/17/2010 09:47:02 AM
#11 Good morning back at you. MinnieM 06/17/2010 09:44:38 AM
#10 Good Morning Karin HoosierHoagie 06/17/2010 07:10:56 AM
#9 TSX:ABC chart... Wish this had a bit MinnieM 06/17/2010 02:34:34 AM
#8 I think it's trying to go up here...we'll see... MinnieM 05/19/2010 04:53:06 AM
#7 it got deleted for some reason, not sure why, eveningshade 05/13/2010 05:13:25 AM
#6 Thanks for posting that... ;) MinnieM 05/12/2010 02:17:41 PM
#4 LOL It seems like that happens often..LOL HoosierHoagie 05/11/2010 05:00:43 AM
#3 It's an interesting company. ;) MinnieM 05/11/2010 04:58:39 AM
#2 Good Morning Karin...interesting stock..I will have to take HoosierHoagie 05/11/2010 04:55:05 AM
#1 (TSXV: ABC) ) today announced that it will MinnieM 05/11/2010 03:28:18 AM
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