Once this is joint venture is running and capacity fully used, KIWA will have revenues of more than 1.000.000.000 (1 billion!!!) $!! Outstanding! When calculating average selling price of 400 $ per ton, which is very much reasonable, this means 3.000.000 tons in total x 400 $ = 1.200.000.000 $, only in these 3 joint ventures!
Very much obvious, that KIWA is taking benefit of all opportunities, that China and political and social circumstances are offering these days!! China is very much aware, that they have to take huge effforts, that the huge, prosperous middle class is not leaving the country because of the very bad environmental circumstances and missing food safety! This is a huge challenge and a big story in all public media in China!
And Chinese government is giving huge contribution to these companies, which are improving all these aspects. KIWA can take huge advantages out of this!
I am very curious to see, where this company will be in 2020! But at the moment it looks very much, that they will become a huge company within a few years!!
