In 2006, a Chinese
Company China National Bluestar Co, part of the chemical company ChemChina,
bought the French company Adisseo, a global leader in animal nutrition health.
Since, the purchase Adisseo has tripled its sales and growth worldwide with
innovative products such as liquid methionine, probiotics, and enzymes aimed at
producing healthier animals and with new businesses such as aquaculture and
non-medicated gut health products.
The collaboration
between the Chinese and French teams successfully developed and built one of
the major methionine plant in the world in Nanjing in 2009, with an investment
of 480 million Euros. The methionine plant built at that time was the first
liquid methionine plant in the country that has the world's largest methionine
market. In the start of 2018, the company announced the construction of the
second liquid methionine plant on the same location as the first plant to
maximize the synergies. The new plant is designed with an annual capacity of
180 kilotons of liquid methionine and is expected to start its production in
mid of 2021 and the total investment is estimated to be $490 million,
completely funded by the company's capital. The liquid source of hydroxyl-methionine
is particularly well suited to large and medium-sized feed millers and
integrators. Furthermore, the liquid and solid methionine produced by the new
plant will target the monogastric and aqua ruminants sectors which are the
fasted growth end-user application of methionine specifically in China.
Impact of the new plant on China's Methionine
industry:
The new plant by
Adisseo Bluestar will not only increase the production of methionine in the
country but will also consolidate the manufacturer's position in the methionine
industry. According to Jean-Marc Dublanc, CEO of Adisseo, the methionine
industry growth is expected to be 6% per year and yearly growth for liquid
methionine exceeding 10%. Since China has become one of the largest poultry and
pork market in the world, the demand for methionine is expected to increase by
many folds in the coming years and new production plants can help meet that
demand. Furthermore, since there are very few local methionine producers in the
country because of technical thresholds, international investments lie this can
promote R&D's and can bring new technologies for the manufacturing of
methionine. Adisseo Bluestar has already renewed its commitment to China in
case of methionine and is enthusiastic to promote local growth in the
industry.
View more Amino Acid News and email emarket1@cnchemicals.com for market intelligence in China.