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Industrial Biotechnology Corporation 
Symb0l IBTY.pk 
Current_price 1.10 
Projected Short_Term Growth 9.00
Rating 10 out of 10 

Industrial Biotechnology Corporation, a company dedicated to new biotechnologies and innovations in the chemical industry, today announced it has signed a manufacturing distribution and cooperation letter of intent with Tianjin Zhongao Group, a leading Chinese PRC private owned holding company, for exclusive manufacturing and distribution of up to 600,000 metric tons of ethanol annually. The ethanol produced will be from bio-renewable resources and converted into ethanol derivatives and chemical feed stocks utilizing IBC proprietary technologies and intellectually property.

Tianjin Zhongao Group is a Chinese industrial leader and holding company headquartered in Tianjin, China. The Zhongao Group has more than 20 subsidiary companies in the fields of real estate, husbandry, biotech, pharmaceutical, veterinary pharmaceutical, energy, hotel, food, and hospitals. Its energy subsidiary, Luyuan Ecology Energy Co., Ltd. currently manufactures and distributes more than 50,000 metric tons of ethanol and has an additional 300,000 metric tons of capacity under construction.

Act Quick, IBTY is going to Explode Monday micokaja