On December 12, 2019, Anhui Jinhe held the
fifth annual board of directors meeting, at which the attendees considered the
“Proposal to Invest in a Project for the Annual Production of 5000 Tons of
Sucralose.” At the meeting, the company agreed to pass the proposal and to use
already obtained funds for investment in the project.
Anhui Jinhe’s plan for sucralose production
is estimated to receive an investment of approximately USD 123.5 million (RMB
864 million), which will come from funds already obtained by the company
through its business. From this RMB 864 million, approximately RMB 806 million
will be used for the construction of facilities, and approximately RMB 58
million will be used as circulating funds for the company’s brick and mortar
stores. After finishing the relevant procedures, it is estimated that all
necessary facilities will be completed within 18 months, with the bulk of the
construction being finished within 9 to 12 months. By conservative predictions,
after the facilities begin production, the project will generate an annual
income of approximately USD 147.3 million (RMB 1.03 billion).
Anhui
Jinhe to use current profits to fund new project
The technology that the company already
uses in its current project with a 3000 ton annual output can be regarded the
cutting edge of the industry. The company already has well-established sales
channels, and therefore Anhui Jinhe can guarantee the necessary production
technology and sales networks for the success of this new project. Furthermore,
the company already produces basic chemical products as well as fine chemical
products, which are successful in the market, which gives the company a
constant streak of income which may be used to support this new project.
Sucralose safe for consumption, approved
in over 80 countries
Sucralose is an artificial sweetener first
produced in England by the company Tate & Lyie together with the University
of London. Sucralose is 600 times sweeter than ordinary sugar, so even just a
few granules make a food unbearably sweet. Sucralose’s sweetness comes from the
fact that sucralose is obtained from processed sugar, but sucralose and sugar
are not the same thing.
Molecular sucralose is obtained by
replacing three hydroxyl groups from a sugar molecule with chlorine atoms. The
human body does not process sucralose like a carbohydrate, and the rate at which
the body absorbs sucralose is quite slow; in fact, sucralose essentially passes
through the digestive system unchanged and is released by the excretory system.
Therefore, sucralose does not contain any caloric value, and is suitable for
people with diabetes to consume. Due to its chemical stability, sucralose can
be substituted for sugar in almost any food.
In 1997, China approved sucralose as a food
additive and explicitly approved its use in soft beverages, dairy products,
jams, candy, and many other types of food. In 1998, the American Food and Drug
Administration (FDA) ratified the use of sucralose in 15 different types of
foods and beverages. In 1999, the FDA extended its approval to allow sucralose
to be used in any food or beverage. In 2000, the European Union published data
from a study which supported the use of sucralose in foods and beverages, and
in 2004, the European Union universally approved the use of sucralose. In 2008,
approximately 80 countries in the world approved the use of sucralose.
For more information on China’s sugar and
sweetener market, please check our Sweeteners
China News.