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Zero2IPO—2009 Venture50” Disclosed

Through several days of selection and assessment, the list “Zero2IPO—2009 Venture50” has drawn to a close. Tianjin GreenBio Material Co., Ltd was on the shortlist for China’s top 50 investable enterprises. This activity is launched by Zero2IPO, the comprehensive service provider of private equity industry and China’s leading venture capital, aiming to excavate more valuable enterprises and help more pioneering enterprisesgrow up.
 
“Zero2IPO—2009 Venture50” has long been known as “the vane of China’s high-growing companies”,appraised by the panel of experts which consists of China’s heavyweight venture capitalists. The final result comes from the in-depth and comprehensive evaluation of the candidate enterprises’ management staff and share structure, corporate business, business simulation and competitiveness, industry and market, financial status and projections, operating risk and countermeasures. Tianjin GreenBio entered the ranks of top 50 though it is the first time for it to participate in this selecting activity. This is the recognition and encouragement for the achievements of GreenBio.
 
As China’s largest and most technical biological material company which produces biodegradable materials (Polyhydroxyalkanoates) and downstream products in the industry of degradable plastics, Greenbio is well-developed at present. Facing the global financial crisis, GreenBio, under the leadership of its chairman Lv Weichuan, made pioneering efforts and achieved technical breakthroughs one after another. At the beginning of 2008, GreenBio obtained 20 million U.S. dollars from DSM Venture Capital which provided it with strong financial support. The annual 10,000 tons PHA plant of GreenBio will be formally put into production in the year 2010. Taking this opportunity, the series of GreenBio products will be fully put into market.
 
 

Original Source: http://tech.sina.com.cn/chuangye/2009-07-10/17363253996.shtml

release date:2010-1-5 17:08:33 back >>
 
 
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