The new production facility is expected to add 50,000 tons to China Integrated Energy's annual biodiesel production capacity, bringing total capacity to 150,000 tons.

The company expects to commence production by the third quarter of 2010 and anticipates $15 million in capital expenditures to accomplish this goal.

Gao Xincheng, CEO of China Integrated Energy, said: "Based on the growing market demand for our biodiesel fuel supported by the government's effort to increase renewable energy consumption to 15% of China's total energy consumption in 2020, we are optimistic that our increased capacity will be rapidly absorbed by the Chinese energy market.

"The new facility will be an integral part of our growth for 2010 in our efforts to meet our revenue and net income targets."

A service of YellowBrix, Inc.