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Listed Chinese pharma used gutter oil to make antibiotics
WantChinaTimes.com ^ | 9/1/12 | Staff Reporter

Posted on 09/03/2012 6:10:33 PM PDT by LibWhacker


A company in Shanghai which collects "gutter" oil. (Photo/Xinhua)

Joincare Pharmaceutical Group, which is listed on the Shanghai Stock Exchange, has been accused of using recycled waste cooking oil as an ingredient in antibiotics, reports the Shanghai Securities News.

Citing the indictment filed by prosecutors with the Ningbo Intermediate People's Court in Zhejiang province, the newspaper said Joincare was the largest user of the "gutter" oil produced by Gelin Biology Company in Jinan, Shandong province. Gutter oil refers to waste oil collected from restaurants and illegally reused.

The prosecutors said Gelin sold its gutter oil to a company called Huikang Youzhi in Henan province, which resold it to Joincare Biology Company in Jiaozuo in the same province, after mixing the oil with ordinary soybean oil.

Joincare Biology is a subsidiary of Joincare Pharmaceutical, which used the gutter oil to produce an ingredient for antibiotics.

From the beginning of 2010 to July last year, Huikang sold 16,200 tons of gutter oil for a price of 145 million yuan (US$22.9 million) to Jiaozuo Joincare, or 8,950 yuan (US$1,411) per ton, 400-2,250 yuan (US$63-$345) per ton less than Huikang charged other buyers and far less than the price of ordinary oil.

Owing to the low price of the oil, Jiaozuo Joincare registered healthy profits of 339 million yuan (US$53.5 million) in 2010, contributing almost a half to Joincare's net profit of 740 million yuan (US$116.7 million) that year, reported Shanghai Securities News.

Jiaozuo Joincare posted a loss of 43 million yuan (US$6.8 million) in 2011 because of a sharp decline in the price of the ingredients it produced, according to the company.

The newspaper quoted a source at Joincare as confirming that the company had bought oil from Huikang for a short period of time, but did not know it was recycled gutter oil. It began to buy oil from the state-run food processing company COFCO, after Huikang was caught producing gutter oil.

However, the indictment said Joincare could not have purchased the oil without knowing that something was amiss, as its price was far lower than that of ordinary oil.


TOPICS: News/Current Events
KEYWORDS: antibiotics; china; chinese; gutter; madeinchina; oil; pharmaceuticals
As if we need another caution regarding adulterated products coming out of China.

And GM thinks it's a good idea to open a plant over there?!? Presumably the move was to get in on the low cost of production. But why? The company must think consumers are idiots.

1 posted on 09/03/2012 6:10:40 PM PDT by LibWhacker
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To: LibWhacker

I’ll never eat soy sauce again.


2 posted on 09/03/2012 6:15:08 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: LibWhacker

China is making 2x the number of vehicles that the US is and that stat is increasing every year.
Anybody who doesn’t participate in that market is likely to be left behind.
JMHO.


3 posted on 09/03/2012 6:16:21 PM PDT by nascarnation (Defeat Baraq 2012. Deport Baraq 2013)
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To: LibWhacker
"China's share of vitamin C imports to the U.S. climbed to more than 80 percent in 2002 from 60 percent in 1997" -- just search the 'Net for, vitamin C China

and it ain't Chinese brands, it's in all brands.

I ain't just the vitamin C . . . .

4 posted on 09/03/2012 6:22:33 PM PDT by WilliamofCarmichael (If modern America's Man on Horseback is out there, Get on the damn horse already!)
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To: cripplecreek

Buy Japanese soy sauce ... better anyway.


5 posted on 09/03/2012 6:22:45 PM PDT by doc1019 (Given my choices, I will not be voting this time around.)
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To: doc1019

” Buy Japanese soy sauce ... better anyway. “

hmmm I heard something about Japanese *radiation* - still and all over the place ~

(A talk radio person said some Japanese tea (leaves) registered something with a radiation meter.)


6 posted on 09/03/2012 6:42:16 PM PDT by PraiseTheLord
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To: WilliamofCarmichael

http://seattletimes.com/html/nationworld/2003732744_vitamins03.html

In less than a decade, China has captured 90 percent of the U.S. market for vitamin C, driving almost everyone else out of business.

Chinese pharmaceutical companies also have taken over much of the world market in the production of antibiotics, analgesics, enzymes and primary amino acids. According to an industry group, China makes 70 percent of the world’s penicillin, 50 percent of its aspirin and 35 percent of its acetaminophen (often sold under the brand name Tylenol), as well as the bulk of vitamins A, B12, C and E.


7 posted on 09/03/2012 6:43:35 PM PDT by Orange1998
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To: PraiseTheLord

You don’t want your fried rice glowing in the dark?


8 posted on 09/03/2012 6:45:36 PM PDT by doc1019 (Given my choices, I will not be voting this time around.)
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To: cripplecreek

Never? How are going to avoid Made in China.


9 posted on 09/03/2012 6:49:50 PM PDT by Orange1998
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To: cripplecreek

Do you remember this scandal from several years ago?
http://notochemo.wordpress.com/2009/08/28/soy-sauce-made-in-china-made-from-hair/


10 posted on 09/03/2012 6:51:22 PM PDT by rackatoot
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To: Orange1998

I’m simply not going to eat soy sauce again. Period.

As fa as I’m concerned all food from china should be labeled as such with the largest brightest lettering on the package so people can avoid it.


11 posted on 09/03/2012 6:54:48 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: LibWhacker
With the huge variety of meds I'm taking in my old age, my body has become little more than a vessel for the transport of gutter oil!



Genuflectimus non ad principem sed ad Principem Pacis!

Listen, O isles, unto me; and hearken, ye people, from far; The LORD hath called me from the womb; from the bowels of my mother hath he made mention of my name. (Isaiah 49:1 KJV)

12 posted on 09/03/2012 6:58:17 PM PDT by ConorMacNessa (HM/2 USN, 3/5 Marines RVN 1969 - St. Michael the Archangel defend us in Battle!)
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To: LibWhacker

You are out of your mind if you eat poisonous Chinese foods or medicines.

The problem is that our corrupt, non-functioning federal government does not allow you to know. Chinese apple juice is added to many foods. Many vitamins are now made in China. Some fish and shrimp are farm raised in China.


13 posted on 09/03/2012 7:02:31 PM PDT by FormerACLUmember
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To: Orange1998
Never? How are going to avoid Made in China.

Well, if "free trade" becomes conditional on "fair trade"...as per Romney.

14 posted on 09/03/2012 7:13:10 PM PDT by ROCKLOBSTER (Celebrate Republicans Freed the Slaves Month.)
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To: ConorMacNessa

LOL. I hear ‘ya, old timer.

I thoroughly enjoyed reading through your homepage. You are a walking inspiration and I salute you! Cheers!


15 posted on 09/03/2012 7:14:08 PM PDT by LibWhacker
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To: nascarnation

“China is making 2x the number of vehicles that the US is and that stat is increasing every year.
Anybody who doesn’t participate in that market is likely to be left behind.”

I don’t believe a single number from a single government office in China, nor from a single company in China. I have come to believe it is all made up out of whole cloth - or rice.

When the music stops, I hope you can find a chair.


16 posted on 09/03/2012 7:15:30 PM PDT by aMorePerfectUnion (Sorry, gone rogue, gone Galt, gone international. Gone.)
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To: LibWhacker
Cheers! Thanks for the kind words, LibWhacker! Over a half century out of puberty and I'm still having a blast!



Genuflectimus non ad principem sed ad Principem Pacis!

Listen, O isles, unto me; and hearken, ye people, from far; The LORD hath called me from the womb; from the bowels of my mother hath he made mention of my name. (Isaiah 49:1 KJV)

17 posted on 09/03/2012 7:23:49 PM PDT by ConorMacNessa (HM/2 USN, 3/5 Marines RVN 1969 - St. Michael the Archangel defend us in Battle!)
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To: LibWhacker

Whenever I start to buy any food, I look to see where it came from. If it is China, forget about it. You would be amazed how much of the lower cost spices and seasonings come from China. Scary!


18 posted on 09/03/2012 7:32:31 PM PDT by rawhide
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To: LibWhacker
China Industries International

Made in CHINA!!!

their new corporate logo...

19 posted on 09/03/2012 7:40:19 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: ConorMacNessa

Sad, isn’t it...

Do you ever experience the unexpected flavor of dirty deep fried dumplings?


20 posted on 09/03/2012 7:43:20 PM PDT by Gene Eric (Demoralization is a weapon of the enemy. Don't get it, don't spread it!)
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To: rawhide

That doesn’t mean the suppliers to the product manufacturer aren’t passing along the slurry.


21 posted on 09/03/2012 7:45:06 PM PDT by Gene Eric (Demoralization is a weapon of the enemy. Don't get it, don't spread it!)
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To: cripplecreek

Who hasn’t gotten that midnight craving for a big warm cup of sewer grease?


22 posted on 09/03/2012 7:49:03 PM PDT by SpaceBar
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To: cripplecreek

“I’ll never eat soy sauce again.”

Huh, why not???
Much of it is made here in Iowa.


23 posted on 09/03/2012 7:53:39 PM PDT by HereInTheHeartland (Encourage all of your Democrat friends to get out and vote on November 7th, the stakes are high.)
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To: ROCKLOBSTER

Not so sure about that. Romney has Kerry beat as the ultimate flip flopper. I want to believe him but how can I when ever time he changed positions it was to his political best interest.


24 posted on 09/03/2012 7:55:06 PM PDT by Orange1998
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To: Orange1998
I want to believe him but how can I when ever time he changed positions it was to his political best interest.

Well, there's always the TEApublicans in Congress to hold him to his word.

25 posted on 09/03/2012 8:01:06 PM PDT by ROCKLOBSTER (Celebrate Republicans Freed the Slaves Month.)
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To: cripplecreek
<7>I’ll never eat soy sauce again.

Kikkoman soy sauce made in Walworth County, Wisconsin is fine.

26 posted on 09/03/2012 8:05:57 PM PDT by Octar
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To: cripplecreek

Country of origin food labeling is one area where I completely agree with the lefties. The Mexicans will poison you with bacteria out of neglect, but the Chinese will get you with chemicals/filth/God-knows-what out of naked avarice. Whatever can be used to most cheaply fake the product is what they’ll feed you. Mmmmm, antifreeze.


27 posted on 09/03/2012 9:07:10 PM PDT by Trod Upon (Obama: Making the Carter malaise look good. Misery Index in 3...2...1)
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To: aMorePerfectUnion
When the music stops, I hope you can find a chair.

Right now if Obama wins, my plan is to move to the Caribbean and work for one of the boutique medical providers that will flock there for wealthy folks who want to avoid Obamacare.

28 posted on 09/04/2012 9:30:39 AM PDT by nascarnation (Defeat Baraq 2012. Deport Baraq 2013)
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To: nascarnation

I suggest you think carefully about where in the Caribbean you go. The war on drugs has shifted crime throughout the caribbean. Gangs are on the rise with crime. In a bad economy - severe recession or depression and it won’t be easy there...


29 posted on 09/04/2012 12:30:44 PM PDT by aMorePerfectUnion (Sorry, gone rogue, gone Galt, gone international. Gone.)
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To: aMorePerfectUnion

I’ll let the smart guys (doctors and hospital admins) figure out where to go. I’m just a follower.


30 posted on 09/04/2012 1:55:27 PM PDT by nascarnation (Defeat Baraq 2012. Deport Baraq 2013)
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