Kiwa Bio-Tech announces expansion of fertilizer production capacity to 300,000 ton per year

Kiwa Bio-Tech Products Group Corp. (KWBT) (“Kiwa Bio-Tech” or “the Company”), an emerging agricultural company that develops, manufactures and markets bio-fertilizers for use in the multi-billion China agriculture and aquaculture markets and the developer of smart soil remediation technology for use in agriculture markets worldwide, announces that the Company is increasing their annual manufacturing capacity for their patented fertilizer products.

In order to meet the expanding market demand for Kiwa fertilizer products, a new production line should increase annual production capacity by 20%.

“We expect our production capacity to now reach 300,000 tons per year. This increase of production capacity will provide strong support for the Company to expand its brand in the China market and help increase future sales.” stated CEO Ms. Wang.

The newly added production line at the Company’s OEM manufactory Shandong Ronghua Biotechnology Co. Ltd is mainly column granulation drum equipment, which is used for the production of various special fertilizer products of Kiwa’s compound microbial fertilizer. The newly added production line can reach 150 tons per day for Kiwa’s special fertilizer for fruit, vegetable, Chinese herbal medicine and tea.

In order to meet China's growing market demand for biological fertilizer of $16 billion USD in the next five years, the Company’s core microbial strain fermentation base will produce core microbial agents with a designed capacity of about 60,000 tons per year and 1.1 million tons of terminal microbial fertilizer.

The Company’s Yangling biological fermentation core fermentation base is under construction and is expected to be fully operational by the end of 2020.