Summary: It was announced on 9 March that the EI report of Mianyang Shengshi's "functional food raw materials production line via biocatalyst (enzyme) preparation method, and biotechnology "incubation" platform project (Phase I)" would be approved by the local environmental authority.
On 9 March, the Ecological Environment Bureau of Mianyang City announced that the Environmental Impact (EI) report of "functional food raw materials production line via biocatalyst (enzyme) preparation method, and biotechnology "incubation" platform project (Phase I)", submitted by Mianyang Shengshi Health Technology Co., Ltd. (Mianyang Shengshi), would be approved. The EI report was also being publicised until 16 March.
Project overview
Founded on 23 April, 2020, Mianyang Shengshi is a wholly-owned subsidiary of Shengshi Health Technology (Group) Co., Ltd. (Shengshi Health). Shengshi Health, a nationally accredited high and new technology enterprise, specialises in the R&D, production, and sale of products as well as R&D of technologies involved in big health projects. Shengshi Health possesses a synthetic biology technological experiment platform and has established cooperation relationships with Chengdu Institute of Biology of Chinese Academy of Sciences, West China Hospital of Sichuan University, Southwest University of Science and Technology, Chongqing University, and Nanjing University. The company is capable of providing OEM/ODM services relating to customised processing and has several invention patents granted by national patent authority.
Shengshi Health is advancing the "Biotechnology "Incubation" Park project" at Mianyang Beichuan Industrial Park Zone; this project is constructed and implemented by Mianyang Shengshi, and is aimed at developing biological enzyme technologies used in functional nutritional food ingredients, amino acid food additives, nutritional dietary supplements, aesthetic medicine cosmetics, anti-aging pharmaceutical intermediates, and active pharmaceutical ingredients, plus production and sale of relevant products; the project whose EI report was publicised this time is a composing part of "Biotechnology "Incubation" Park project".
The website of Shengshi Health says its products include amino acids and their derivatives. After construction is completed and it becomes fully operational, the project, whose EI report was publicised this time, will enrich the company's product lines, mark the company's new entrance into VB2 production, generate yearly output values of USD21.61 million (RMB150 million), bring in yearly sales revenues of USD22.33 million (RMB155 million), and make yearly profits of USD5.43 million (RMB37.69 million), according to Shengshi Health's estimations.
Source:CCM
More information can be found at CCM Vitamin China Monthly Report.
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