Dublin, Aug. 21, 2024 (GLOBE NEWSWIRE) -- The "Amino Acids China E-News 2024" newsletter has been added to ResearchAndMarkets.com's offering.
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.
Several listed companies have released their financial performance reports for 2023. For the reporting period ended 31 Dec., 2023:
Star Lake Bioscience's amino acid products delivered a growth in sales volume, but showed declines in operating revenue and gross profit margin due to the drop in the unit price of these products.
Wuxi Jinghai's operating revenue grew, but net profit dipped. It has an amino acid project under construction, which is expected to be completed by the end of 2024.
Lotus Health's sales volume of and operating revenue from amino acid flavourings (such as gourmet powder MSG) both went up.
Project Developments
- The Stage I of Phase II of NHU Amino Acid's 250,000 t/a methionine project passed EP acceptance check.
- The EI report of Dongxiao Biotech's 'reconstruction project for high-quality amino acids' has been accepted by local authority. The company plans to introduce production capacity for L-Lysine sulphate.
- ZY Biochem's 'technical renovation project for the optimisation of production process in amino acid derivatives lines' passed EP acceptance check. As a result, the number of its amino acid derivatives products has been increased to 26.
- The EI report of Changxing Pharma's 'DHA and amino acid products project' has been accepted by local authority. The company intends to add the production capacities for alanine, L-Serine, phosphatidylserine, etc.
- The EI report of Zhenyuan Share's 'aggregation and upgrading project for APIs' received approval. The project involves the construction of capacity for S-(5'-Adenosyl)-L-methionine p-toluenesulfonate salt, S-Adenosylmethionine-1,4-butanedisulfonate, etc.
Governmental Direction
- MARA's Bureau of Animal Husbandry and Veterinary Services, along with CFIA, revealed China's feed production situation in April 2024.
- ChPC started the third public consultation period for the draft of national pharmaceutical excipient standard for arginine hydrochloride.
Price
- The price of threonine fell in May due to weak demand.
Import and Export
- In the period from Jan. to April of 2024, China's methionine import volume slipped by 17.28% YoY, while export volume climbed up by 130.87% YoY. The unit prices of both imports and exports of methionine rose steadily month by month in this period.
Key Topics Covered: Sample for 1 Month
- Headline
- Editor's Note
- Governmental Direction
- Draft of new industry standard for ?-Alanine unveiled
- 9 feed imports registered; ChPC seeking views on histidine hydrochloride standard
- Market Analysis
- Jilin Meihua's new 600,000 t/a lysine project scheduled to start construction in July
- Bluestar Adisseo's proposal for private placement approved by SASAC
- Company Dynamics
- Shouguang Golden Corn proposes new 200,000 t/a lysine project
- Bayannur Huaheng to initiate new project for valine, leucine, isoleucine, and tryptophan
- Shelile Pharma's capacities for DL-Aspartic acid and others become operational
- Phase I of Grand Hoyo's industry construction project passes EP acceptance check
- Price Update
- The prices of major amino acid varieties in China, June 2024
- Methionine prices fall in June
- Import and Export
- Import and export data of five amino acid varieties in China, May 2024
- Lysine ester and salt export volume in May grows YoY, but declines marginally MoM
- News in Brief
- Zhuhai Readline finishes EP acceptance check on production base project
- NHU Amino Acid to expand methionine capacity
- Chuzhou Huarui's 6,000 t/a Alanine capacity becomes serviceable
- More details of Cocodala Jinhai's corn deep processing project revealed
- Info disclosure of Jinghong Biotech's arginine, tryptophan, and histidine project
- Hebei Yuwei starts producing GABA and citrulline
- Eppen Biotech's maintenance plan in July
- Heilongjiang Nuopu's high-end amino acid project starts construction
- Anhui GSH to introduce capacity for two methionine-related products
- Phase II of Hebei Aibaodi's feed additive expansion project gains EP acceptance
Companies Featured
- Jilin Meihua Amino Acid Co., Ltd.
- Bluestar Adisseo Co., Ltd.
- Shouguang Golden Corn Biotechnology Co., Ltd.
- Bayannur Huaheng Biotechnology Co., Ltd.
- Shandong Lukang Shelile Pharmaceutical Co., Ltd.
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