“One hundred billion industry” of Hunan province grain and oil achievement pilgrimage activity was launched in Chenzhou city on December 9, 2012. During the activity, in the company of some Chenzhou municipal leaders, the principal of Hunan province grain and oil industry visited the leading enterprises of Chenzhou city.

“One hundred billion industry” of Hunan province grain and oil project was launched at the beginning of 2010. Till the end of this November, 95 billion yuan has been fulfilled, which enable the full target of 100 billion yuan to be completed within the year of 2012. If so, the planning target can be finished two years ahead of the time schedule. It was learned that the “one hundred billion industry” project achievement pilgrimage activity would last for 7 days, covering 19 enterprises of 7 cities of Hunan province. It was intended to summarize the achievements and experience of “One hundred billion industry” of Hunan province grain and oil project and confirm the development trend of the grain and oil industry by holding this pilgrimage activity.

The foundation stone laying ceremony of 50,000tons/year refined processing industrialization project of tea seed of Chenzhou Bangertai Suxian Oil Co., Ltd. was held at the same time with the launching ceremony of the pilgrimage activity. This project is focused on the cyclic utilization of tea seed with a green and low carbon concept. It got 370 million yuan investment and would last for 2 years and reach annual output value of 1.3 billion yuan once finished. “10 billion industry” project of Chenzhou grain and oil refined processing and logistic project was launched from 2011, which gained great achievements with all efforts of Chenzhou city. 556 million yuan investment has been fulfilled till the end of this October. 7 projects have been finished and placed to operation. Camellia oil industry projects are the key ones among them.