Bon Natural Life Limited Announces Land Acquisition to Construct Its Third Production Facility - Land.Net News
Bon Natural Life Limited (Nasdaq: BON) ("BON" or the "Company"), a leading bio-ingredient solutions provider in the natural, health and personal care industries, today announced that they have received the certificate of a land use right for the future site of its third production facility in the city of Yumen (the "Yumen Plant"). Once completed, the Yumen Plant will allow BON to increase combined overall production capacity by over 200%.
The city of Yumen is well known in China for its established fine chemical industry. BON's Yumen plant will benefit from the close proximity and convenient access to raw materials for its fragrance compounds and bioactive food ingredients products.
The city of Yumen is also considered a gateway city for export to European Union markets, which are strategically important for BON's international business expansion.
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