RZBC to build HUF 31 bln citric acid plant in Hungary
China's RZBC group will build a HUF 31 bln citric acid plant in Kazincbarcika, government and company officials announced yesterday.
The government approved a one-off HUF 1 bln investment subsidy for the plant, while RZBC committed to employing 165 people for the next ten years, said Ministry of Foreign Affairs and Trade state secretary Péter Szijjártó.
The plant will turn out 100,000 tonnes of citric acid a year, using 200,000 tonnes of maize feedstock. Output of the plant will account for 5% of the global total. RZBC has already registered its Hungarian unit and is in the process of obtaining environmental permits for the plant.
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