February 26, 2010 (FinancialWire) — China Green Material Technologies, Inc. (OTCBB: CAGM), a maker of starch-based biodegradable consumer goods packaging, said it has acquired a new manufacturing facility and plans to relocate in May 2010, expanding its capacity by nearly 160%.

The new facility, located in the Harbin Economic and Technological Development Zone, encompasses around 15,000 square meters with five production lines and a total capacity of 22,000 tons of finished product compared to China Green’s current capacity of 8,800 tons.

China Green said that, with the new facility, energy consumption of new equipment will decrease by 30%. Additionally, a new fully automatic packaging line will increase packaging capacity by 200% compared with the company’s original half automatic line, which will expand the company’s product capacity overall.

The company said the its new equipment will also decrease the rejection rate by over 50%, greatly increasing the overall quality and stability of the product and decreasing costs.

China-based China Green Material Technologies offers various disposable tableware consumer goods, including cups, plates, bowls, knives, forks, and spoons, as well as food package and containers used at groceries and home. The company currently has 128 employees.

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