CONTRACTKiwa Bio-Tech Products Group Corp • August 2nd, 2006 • Agricultural chemicals
CONTRACTKiwa Bio-Tech Products Group Corp • August 2nd, 2006 • Agricultural chemicals
SHENGKUI/KIWA ----------------------------------------------------------------- --------------- Kiwa Bio-Tech Signs One-Year Contract For $34 Million Claremont, CA, August 2, 2006 Kiwa Bio-Tech Products Group Corporation (OTCBB: KWBT) has signed with...Kiwa Bio-Tech Products Group Corp • August 2nd, 2006 • Agricultural chemicals
Claremont, CA, August 2, 2006 Kiwa Bio-Tech Products Group Corporation (OTCBB: KWBT) has signed with China Hua Yang Roneo Corporation. China Hua Yang Roneo Corporation has agreed to order 200,000 tons of urea. The urea will be mixed with Kiwa's products, particularlyKiwa Yimuling, a bio-fertilizer, which will be sold pursuant to a separate contract to be entered into between the parties. The term of the agreement is 18 months and is extendable for an additional period of six months. The value of the contract is US$34,000,000, based on a value of US$170 per metric ton.
