Xi'an, China - China Green Agriculture, Inc. ("China Green Agriculture" or "the Company"), a leading producer and distributor of organic humic acid ("HA") based liquid compound fertilizer through its wholly owned subsidiary, Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd., recently announced that it is progressing as scheduled in the construction of its expanded fertilizer manufacturing facilities at its headquarters in Shaanxi province, PRC.
The new manufacturing facilities, which broke ground in May of this year, will increase China Green Agriculture's annual organic fertilizer output by an additional 40,000 tons, from 10,000 tons per year to 50,000 tons. To date, China Green Agriculture has completed its foundation work for the new facility and is currently constructing the main building. In addition, the Company has recently finalized contracts for the purchase and installation of all equipments that will be used in the manufacturing facility including dryers, mixers, reactors, etc. This equipment was custom ordered from a medical machinery manufacturer to function in accordance with the Company's proprietary automated control system, allowing China Green Agriculture to manufacture high grade, uniform quality fertilizer products. Furthermore, the new facility will be able to produce granular HA fertilizer, diversifying the Company's product offering from liquid fertilizers.
"We are pleased with the speed and efficiency with which the construction process of our new facilities has proceeded," commented Mr. Tao Li, CEO of China Green Agriculture. "As we are currently operating at above capacity, we are eager to be able to expand our production volumes as soon as possible. At the current pace of construction, we hope for our new facilities to come online in February of 2009."
SOURCE: China Green Agriculture, Inc.