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China New Borun Corp  (BORN)
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China New Borun Corp Segments

 
 

Business Segments IV. Quarter
Revenues
(in millions $)
(Dec 31 2018)
%
(of total Revenues)
IV. Quarter
Income
(in millions $)
(Dec 31 2018)
%
(Profit Margin)
Total
262.26 100 % -5.70 -

• View Income Statement • View Competition by Segment • View Annual Report

Growth rates by Segment IV. Quarter
Y/Y Revenue
%
(Dec 31 2018)
Q/Q Revenue
%
IV. Quarter
Y/Y Income
%
(Dec 31 2018)
Q/Q Income
%
Total
-29.09 % -19.96 % - -

• View Growth rates • View Competitors Segment Growth • View Market Share

To get more information on China New Borun's Total segment. Select each division with the arrow.

  China New Borun's

Business Segments Description



Our principal product is corn-based edible alcohol. In our production of corn-based edible alcohol, we also produce DDGS feed, corn germ and liquid carbon dioxide as by-products. In March 2011, we completed our crude corn oil facility in our Daqing facility and began to deep-process corn germ into crude corn oil. This eliminated corn germ production in our Daqing facility. In July 2011, with the completion of our crude corn oil facility in our Shouguang facility, we began producing and selling crude corn oil instead of corn germ.


Edible Alcohol

Edible alcohol is a colorless, transparent solution of ethanol or a mixed solution of water and ethanol that is produced through the filtration and refined distillation of fermented grain and yeast. We produce our edible alcohol through the distillation of fermented corn. Edible alcohol is an organic product used in various industries to produce a wide range of other products including alcoholic drinks, cleaning solvents, perfumes, cosmetics, dyes, medicines and fuel. The overwhelming majority of our customers are in the beverage and food industry, followed by the chemical industry and pharmaceutical industry.

We will shift our product mix to higher grade and higher price edible alcohol, as well as sell more valuable by-products.

   

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