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Lewes, DE -- (SBWIRE) -- 02/14/2017 -- 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.
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