According to the Department of Science and Technology of Shandong Province, with the official production of the 36,000-ton/year water-injection-injected glucose project independently developed by the Yikang Group after the National Day, the “corn chemical” base in Shandong Province has a capacity of processing corn more than 100 years old. Ten thousand tons, accounting for 60% of the city's total corn production. More than 2.4 million farmers in the city will also gradually become chemical workers specialized in the production of “corn chemical”.
It is understood that Binzhou City is the main "corn chemical" production base in Shandong Province. The Xiwang Group and Yikang Group, which specialize in corn chemical production in the province, are all concentrated in Binzhou City. Xiwang Group is currently the largest domestic producer of maltodextrin, crystalline glucose and lysine using corn as raw material, with an annual output of 100,000 tons, 300,000 tons and 80,000 tons, respectively, and an annual output of 10 Ten thousand tons of high protein feed and other products. According to the current market price, the price of one ton of corn is about 1,400 yuan, and the end product lysine is produced. The market sales price reaches 24,000 yuan. Yikang Group and other companies also use cornstarch as a raw material, combining the digestion and absorption of foreign advanced technology with independent research and development, and extending the industrial chain to products with higher added value—the original drug is anhydrous for glucose injection. Waterless injection of glucose is currently the hottest product in the international market. 80% of the products are exported, and the profit rate is as high as 35%. From January to August of this year, the sales revenue, profits and taxes, and profits of the Yikang Group were 3.8 times, 36.8 times, and 137.8 times respectively in the same period of last year. At present, the company annually produces 36,000 tons of anhydrous raw medicine glucose, which accounts for 70% of the country's total output. The products are exported to 17 countries and regions.
It is understood that Binzhou currently has a total population of 3.65 million, most of which are engaged in agricultural production. According to the "Eleventh Five-Year Plan" of Shandong Province, Binzhou City's "Maize Chemicals" will have the capacity to digest 2 million tons of corn annually during the "11th Five-Year Plan" period. Binzhou City will adopt the “company + base + farmer” production model. The company will provide improved varieties and chemical fertilizers. The agricultural experts will be asked to provide technical guidance and the land will be the first workshop of the “corn chemical” enterprise; the farmers will be responsible for the “corn chemical industry” enterprise. Corn planting and field management; harvesting of mature corn is completed by the mechanization of the company. The implementation of this plan will enable 2.4 million farmers to become workshop workers for "corn chemical" enterprises.

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