en.Wedoany.com Reported - On March 28th, the groundbreaking ceremony for Ceric's bio-based platform compound project was held in Jiande City, Zhejiang Province, China, marking the official commencement of construction for the world's first 10,000-ton plant utilizing the glucose-FDCA route. Local government officials, industry partners, shareholders, and the Ceric team participated in the groundbreaking event, witnessing this critical milestone in industrialization.
The project has a total investment of 1.22 billion yuan, covering an area of 100 mu. Utilizing Ceric's independently developed non-food glucose technology, it aims to achieve low-cost, high-quality, large-scale production of FDCA (2,5-Furandicarboxylic Acid). The plant is planned to process 20,000 tons of glucose annually, producing 10,000 tons of FDCA and 100 tons of glucaric acid. It will be constructed in phases, with the first phase expected to be completed within 18 months.
Upon full operation, the project is expected to generate annual sales revenue of 900 million yuan and contribute approximately 54 million yuan in taxes, injecting new momentum into the regional economy. This progress highlights Ceric's innovative capabilities in the bio-based materials field and promotes the large-scale development of the FDCA industry chain.
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