氨基酸中国电子新闻

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

Price: Ex-works price of threonine continued to fall in March. The downstream demand for threonine was tepid.

News about the following companies has been reported in this issue:

• Written materials that Wuxi Jinghai submitted for its IPO started to be processed by BSE.
• Meihua Group released the performance report for 2022, which shows the revenue of its animal nutrition amino acids segment for 2022 climbed by 26.24% YoY.
• Hebang Biotech's 2022 performance report shows operating revenue of methionine and its by-products segment climbed year on year.
• Huaheng Biotech's flash report of 2022 results indicates a growth in sales volume of amino acids and an uplift in overall net profit.
• First phase of Ningxia Unisplendour's DL-Methionine technical renovation project (building 70,000 t/a MMP-CN plant) passed post-completion environmental protection acceptance inspection.
• EI report of Grand Life Science's "taurine food additive comprehensive retrofitting project" was publicised in order to solicit public opinions.
• EI report of Boyu Biotech's "3,000 t/a amino acids deep processed series products project" was publicised.
• EI report of Yuwei Biotech's "functional sugars & amino acid-related products project" (Phase I) entered approval process.
• EI report of Yongzheng Biopharma's N-(4-Aminobenzoyl)-L-glutamic acid pharmaceutical intermediate project (Phase I) entered approval process.
• EI report of Rivocean Jiangsu Pharma's upgrading and renovation project for environmental safety rectification was publicised.

Import & export: China's average export price of lysine ester and salt in Jan. 2023 was USD1,185/t, down 21.75% YoY; export volume of lysine ester and salt in Jan. totalled 61,055 tonnes, down 21.24% YoY.

The USD/RMB exchange rate in this Report is USD1.00=RMB6.9400, which was sourced from the People's Bank of China on 1 March, 2023. All the prices mentioned in this Report will include the VAT, unless otherwise specified.