top of page

UA News and the Unconventional Ag event series are no longer being offered. You can continue to stay updated on the global ag, agtech, food, and food tech sectors through our other publications and events: Global AgInvesting conference series, AgInvesting Weekly, Agtech Intel NewsWomen in Agribusiness Summit, and Women in Agribusiness Today.  We are grateful for your past support, and look forward to staying connected with you through our range of media platforms.

  • By Lynda Kiernan-Stone, Global AgInvesting Media

Sanhe Hopefull Invests $634M in Veg Oil Refinery and Soybean Processing

China’s Sanhe Hopefull Grain and Oil Group Ltd., one of the country’s largest private agriculture companies, is investing US$317 million in a vegetable oil refinery in Jiangsu province, and an additional US$317 million in a soybean processing plant in Liaoning province, according to senior company officials.

Upon completion of the projects, Sanhe will have a total soybean processing capacity of 9 million tons per year, making it one of China’s top three grain and oil companies, according to Shi Kerong, chairman of the group. Currently, the group has a capacity of 3 million tons and produces 550,000 tons of soybean oil annually.

Launched in 1999, Sanhe Hopefull has grown rapidly, becoming the only Chinese company in the edible oil space to own its own port in Brazil, and reaching an asset level of 30 billion yuan (US$4.7 billion).

NeverStop - 650x85.jpg
CPM Logo Image
LECO Ad Image
MOSOY-NovDecJan-1000 x825-02.png
UA News Subscribe Image


Contact Lynda Kiernan-Stone,

editor of Unconventional Ag News, to submit a story for consideration:

bottom of page