Angel Yeast spreads reach globally

Company looking to boost its product exports from facilities in Egypt, Russia

Angel Yeast Co Ltd, one of the country's largest yeast makers and a biotech solution provider, is banking on its manufacturing facilities in Egypt and Russia to further expand its footprint in the overseas markets.

Yao Juan, research and development director of Angel Yeast, said Angel's second factory in Egypt is expected to be operational from next month. The newly built factory was launched to boost yeast extract product exports to the European markets at lower costs. The factory will have a production capacity of 35,000 metric tons of yeast and yeast extract products and estimated sales of more than 550 million yuan ($81.88 million).