Gadot Teams with Jiangsu Nuobei Biochemical to Build New Citric Acid Plant
Gadot Biochemical Industries Ltd., Israel, has established a joint venture with Jiangsu Nuobei Biochemical Co. Ltd, China, for building and operating a new citric acid and citrate salts production plant in China. Jiangsu Nuobei Biochemical is owned by Mr. Wan Kunlin, also owner of Lianyungang Best Biochemistry & Technology Co. Ltd., China. Total investment in the new plant by both companies will be approximately US$30 million
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