Shiner International, Inc. (BEST) Signs Contract to Supply Coated Food Safe Packaging to China’s Largest Meat Product Manufacturer
QualityStocks (October 19th, 2009) Writes:
Shiner International, Inc. excitedly announced today that it has entered into a new contract with Shineway Group, the largest meat product manufacturer in China. The company believes that this contact has the potential to contribute up to RMB4,000,000, (approximately $586,000) in monthly revenues to its coated food safe packaging sales.
“We are excited and invigorated by this new engagement with Shineway, the leading manufacturer of meat products in China. This is a strong ray of light in what has been a difficult past for Shiner, due in large part to the global economic recession. The passage of the new Food Safety Law that went into effect on June 1st has impacted many food processing companies in China, causing them to find suppliers of coated materials with barriers designed to keep bacteria out and freshness in the package. Our commitment to quality food-safe, coated film packaging, unparalleled technical advantages and production capacity,
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