China Agroforestry Low-Carbon (01069) said it entered into an agroforestry low-carbon production base strategic cooperation framework agreement with the management committee of Yeji Reform and Development Experimental Zone in Anhui Province.
Under the deal, CA Low-Carbon will invest and establish an industrial base in the experimental zone to engage in, among other things, provision of central heating management and services through utilisation of biomass fuel in the experimental zone; manufacturing of biomass fuel pellets; wood products processing; and low-carbon agricultural projects.