Officials with Yuhuang Chemical Inc. held a ceremonial groundbreaking ceremony on September 18 for a $1.85 billion ethanol plant to be constructed in Vacherie, La.
The project is Yuhuang's first investment outside of mainland China and the largest investment by a Chinese company in the Gulf Coast. The company closed on the purchase of 1,300 acres on River Road last month and recently signed key design, engineering and construction contracts.