This newsletter will help you stay ahead of the game in this
fast-changing market with real-time reporting on the entire amino acid industry
chain, from raw materials to end consumption. It includes breaking news from
China and abroad, the latest market data (price, import & export,
production, consumption, operating rates, etc.), in-depth analysis of market
trends, and expert commentary from industry insiders.
Here is the Editor's Note for you to know about the Jan.
issue specifically:
In Jan. 2017, some domestic amino acid producers take
actions to further process their business plan.
Sanxia Paints passed its Ningxia Unisplendour acquisition
plan with approvals from most shareholders at the extraordinary shareholder
meeting held on 5 Jan., 2017. Prior to this meeting, the company received an
inquiry from the SZSE concerning whether Ningxia Unisplendour brings about
serious environmental pollution. In fact, Ningxia Unisplendour has invested a
lot to upgrade facilities for production and pollutant treatment, as revealed
by Sanxia Paints.
Zhejiang NHU finished pilot production for its new
methionine project and became the third methionine producer in China. It is
expected that methionine may become its main source of profits in the near
future. Currently, Zhejiang NHU is also extending into several other new areas
of business to boost profits.
Jincheng Pharmaceutical predicted stable profits in
full-year 2016. In recent years, the company recorded decreasing sales of
glutathione related products. In this context, the company extended into the
healthcare product market, promising but competitive as well.
Phenylalanine producer Livzon offered a private placement to
raise funds for new ilaprazole, McAb (monoclonal antibody) and sustained
release microsphere preparation projects. The company may realise significant
financial growth in full-year 2016.
Adisseo plans to introduce two specialties into the Chinese
market. Meanwhile, its parent company, ChemChina, announced its decision to
delay tender for Syngenta again. Given ChemChina's rice experience in M&A,
it is very likely that this transaction will be finalised in the near future.
If so, ChemChina may further restructure its assets to avoid competition among
its affiliated companies.
This month, domestic prices of amino acids gradually
stablised. Particularly, lysine price even started to decline as a result of
the relived transportation pressure and flat sales before the arrival of the
Spring Festival. Publisher predicted that further slumps may be seen after the
holiday. Conversely, the threonine price is likely be pushed up in the short
term, since purchasers may replenish their inventories as Chinese Spring
Festival approaches.
In regard to exports, the export volume of lysine ester and
salt from China rose by 70.86% YoY in Nov. 2016, thanks to the low export price
and continual RMB depreciation. Yet, as domestic market price rebounded in Q4
2016, exports of lysine ester and salt are likely to be impacted over the
coming period.
Amino acids China E-News is a monthly published newsletter,
which can be downloaded in PDF format. The subscription mode for this
newsletter is yearly and the subscriber will receive 12 issues per year.
Spanning over 24 pages “Amino Acids China
E-News 1701” report
covers Market Dynamics, Company Developments, Price Update, Import & Export
Analysis, News in Brief. This report Covered Companies - China National
Chemical Corporation; Chongqing Sanxia Paints Co., Ltd.; Zhejiang NHU Co.,
Ltd.; Shandong Jincheng Pharmaceutical Co., Ltd.; Livzon Pharmaceutical Group
Inc.
For
more information Visit at: http://mrr.cm/3yX
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