Established in 2001 and listed on the Singapore Exchange in 2006, China
Essence Group Ltd. ("China Essence" or the "Group") is one of the largest
integrated producers of potato products in the People's Republic of
China, manufacturing potato starch, potato starch-based products such
as vermicelli, starch strips and five-grain noodles, and potato by-products
such as potato protein and animal feed. We also produce modified starch,
which can be applied in a diverse range of industries such as textile, paper,
adhesives, oil and mining, pharmaceutical and personal care and cosmetics.
China Essence is headquartered in Beijing and operates five production
facilities strategically located in Heilongjiang and Inner Mongolia
Provinces, where we enjoy close proximity to an abundant supply of high
quality potatoes. These facilities have 17 production lines, of which eight
are for the production of potato starch, one for modified starch, six for
potato starch-based products, and two for potato by-products including
potato protein and animal feed.
The annual production capacity for potato starch has increased from
170,000 tonnes to 250,000 tonnes with the addition of two new facilities in
Nenjiang and Zhalantun in 2010. To further develop the potato by-product
segment, the Group has also double the existing production capacity of
potato protein from 8,000 tonnes to 16,000 tonnes, and the production
capacity of animal feed from 80,000 tonnes to 160,000 tonnes in 2010.
Production capacity of potato starch-based products is 22,000 tonnes,
while that of modified starch is 18,000 tonnes.
ISO-certified since 2004, China Essence places strong emphasis on R&D
and quality assurance to produce high quality products and expand our
product range. As testament to our R&D capabilities, we successfully
cultivated an imported species of potato in Daqing, which has a shorter
maturity period and higher starch yield, enabling an extension of the
potato starch production cycle. We have also successfully developed our
proprietary five-grain noodles in 2002, where the product's high elasticity,
strength and smoothness make it a preferred substitute for traditional
noodles. In 2009, we successfully launched and started the commercial
sale of two new potato by-products, potato protein and animal feed, which
is expected to be a key growth driver for China Essence moving forward.
Over the years, we have established a strong reputation as a trusted
manufacturer of high quality potato starch and potato starch-based
products. We market our high quality products under the brand names
"Bigang" (碧港), "Dongbei" (东北) and "Buffalo" (水牛), through our
extensive network of distributors spanning 48 cities in 21 provinces and
municipalities within the PRC. To further expand our sales channels and
extend our market reach, China Essence has also started selling products
directly to large food and noodle manufacturers in the PRC.