氨基酸中国电子新闻(氨基酸中国电子新闻202210)

Welcome to the October issue of Amino Acids China E-News.

Price: In Oct., ex-works threonine prices went up as a result of increased corn as well as soybean meal prices, plus growing downstream demand.

Market Analysis

• In Oct., Starlake Bioscience again amended its acquisition proposal for Eppen Biotech and published a Q3 earnings forecast, which expects a large increase in net profit for Q3.
• Recently, the production plant of Qinhuangdao Huaheng's beta-Alanine project was topped out; the company's "technical renovation and production expansion project of 5,000 t/a alanine (via fermentation method)" passed the post-completion environmental protection acceptance inspection.
• China Starch's revenue for H1 2022 went up slightly by 2.0% YoY; its gross profit for H1 2022 surged by 84.5% YoY.

Company Dynamics

• On 23 Sept., the EI report of Hubei Huntide's "project of technical upgrading for small molecular polypeptides and construction of production lines for high-end APIs" (including L-Carnosine, L-Alanyl-L-glutamine, glycyl-L-glutamine, glycyl-L-tyrosine, and eight amino acids) was publicised in order to solicit public opinions.
• It was announced on 14 Oct. that the local environmental authority intended to approve the EI report of Tiger Biotech's 1,500 t/a creatine and 500 t/a guanidineacetic acid project. Additionally, the EI report of Tiger Biotech's 1,000 t/a GABA and 1,000 t/a alanine project was approved in mid-Sept.
• On 21 Sept., the EI report of Huarong Biotech's "Project of National Synthetic Biology Technological Innovation Centre—Luoyang (R&D) Result Transformation Demonstration Base" (D-Serine, D-Tryptophan, R-3-Aminobutyric acid, and agmatine sulphate) was approved by the local environmental authority.
• In early Oct., EI reports for the 2,000 t/a biofermentation-method L-asparagine API production project from Kaimisi New Material and the 100 t/a GABA project from Bicells were posted.
• On 11 Oct., the acceptance publication of EI report of Chengdu Taiyue's "R&D project of high-end biomedicine raw materials and key intermediates (polypeptide APIs, protected amino acids, and unprotected amino acids)" was made by the local authority.

Import and Export

China's export volume of lysine, plus lysine ester and salt during Jan. to Aug. of 2022 climbed year on year. Over the past four years, the export volume of lysine ester and salt from China to Russia has been rising.

The USD/CNY exchange rate in this newsletter is USD1.00=CNY7.0992 on 10 Oct. 2022, sourced from the People's Bank of China. All the prices mentioned in this newsletter will include the VAT, unless otherwise specified.