Recently, RICHI successfully signed the “Indian corn straw bio-pellet feed production line project”. The project has completed the preliminary production line process design and layout design, and is about to begin civil engineering. The project is expected to be put into production in June 2025. With an investment of US$960,000, this project will process and produce 110,000 tons of full-price biological pellet feed annually.
This project is a comprehensive processing and recycling project of corn straw. The main construction content of the project includes: planning to cover an area of about 20 acres, constructing standard factory buildings and office buildings, staff dormitories, heating, water supply, power supply, gas supply facilities, sewage treatment, fire protection, duty rooms and other ancillary infrastructure; completed crop corn straw pellet production line.
The project is located in a major grain county in India. Wheat, corn and other food crops are grown all year round, which can provide sufficient raw materials for the construction of the compound feed mill project. With the rapid development of India’s animal husbandry industry, the demand for forage is increasing year by year.
As the most widespread and cheapest forage crop, corn straw bio-pellet feed is small in size, has low moisture content, and is easy to package. It is easy to store, transport and fireproof; it is not easy to deteriorate and is easy to feed. Complete compound biological pellet feed can be used as commercial feed for large-scale farmers. This feed is fed to cattle, sheep, and pigs, which not only does not increase costs, but also increases benefits due to increased feed nutrients, changes in feed formula, and improved labor productivity.
The raw materials are converted on-site to reduce production costs. In addition, there are currently no relevant local companies engaged in this type of processing business. Therefore, the project has broad market prospects. At the same time, project implementation can enjoy local support policies in terms of land use, factory construction, finance, equipment purchase, etc. According to the construction status of the project, it is estimated that the construction period of the project will be about 1 year and the investment return period will be about 3 years.