I'm Samantha Deutscher for Investmentpitch
Media
Asia Bio-Chem Group is one of the latest new
listings on the Canadian Securities Exchange,
formerly known as the Canadian National Stock
Exchange, and is trading under the symbol
"ABC".
Concurrent with its new CSE listing, the company
has de-listed from the Toronto Stock Exchange.
Asia Bio-Chem Group, through its wholly-owned
subsidiaries in the People's Republic of China,
is in the business of processing corn into
cornstarch, germ and gluten for sale to the
domestic Chinese market.
The primary use of corn starch in China is
in the production of sweeteners.
Corn-based sweeteners such as fructose are
used in many beverage products while 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.
Corn starch also has a number of unique characteristics
which provides a very wide range of applications
in the food industry as well as other industrial
applications.
For example, its thickening property gives
many food products such as puddings, gravies,
sauces and pie fillings their desired consistency.
From its plants in northeastern China, the
Company has a total processing capacity of
1.5 million tonnes of corn per year.
The company uses both truck and rail to ship
its products to modern ports on the Yellow
sea which provides a cost effective means
of shipping its products to customers in the
south of China.
Given the low cost of sea transportation,
the company is able to bypass the more competitive
markets in central China and focus in the
south where the climate is too warm for corn
and therefore few corn processors.
For more information please visit the company`s
website www.asiabiochem.com or contact Robert
Wilson, Executive Vice President, at 416-603-7500
or email robert.wilson@asiabiochem.com.
I'm Samantha Deutscher for Investmentpitch
Media
For more video news, and to view our disclaimer,
please visit our website at www.investmentpitch.com
This video is for information purposes only
and it not a recommendation to buy or sell
any securities.
