China is expected to become the largest consumer of methionine by 2018.
-
Last Update: 2020-06-30
-
Source: Internet
-
Author: User
Search more information of high quality chemicals, good prices and reliable suppliers, visit
www.echemi.com
Singapore, although not a large agricultural country, will be upgraded to one of the major producers of artificial feed feed, the United Morning Post reported on November 5Agricultural feed ingredients made in Singapore will be shipped to many other Asian regions, such as China and IndonesiapL7
Evonik, the German specialty chemicals company, opened its first methionine (also known as methionine) in Asia yesterday on The Island of Jurong, China, with the opening ceremony being presided over by Singapore's Deputy Prime Minister and Minister of Finance, MrShandamanpL7
The plant, which cost more than 500 million euros (about S$800 million), is the company's largest chemical investment to date and its largest methionine plant in the worldpL7
Methionine is an essential amino acid, protein component, that also provides balanced nutrition for livestock, poultry and fishAgricultural feed mixed with methionine is mainly used to raise pigs and poultry, and can replenish nutrients that cannot be provided by natural feed materials such as soybeanspL7
Compared to soybeans, artificial methionine requires less natural resources such as arable land and water sources in the production process, so it is less expensive to manufacture and is considered by the industry to add raw materials to feed with low carbon emissions and more environmentally friendlypL7
Evonik Industries is one of the major manufacturers of this raw material, accounting for about 40% of the global market, producing 430,000 metric tons of methionine per year at four plants in the United States and Europe pL7
The new plant in Singapore will produce 150,000 metric tons of methionine per year, or about 25% of the company's global production This means that Singapore's share of methionine can account for up to 10% of the global market pL7 Shandaman: the pL7 that will expand Singapore's special chemical industry value chain, said in a speech that the new investment will not only expand the value chain of Singapore's specialty chemical industry, but also allow Singapore to join the protein value chain pL7
In addition, the plant uses raw materials from Jurong Island suppliers, and such integration will help improve Singapore's competitiveness The new plant will also create 200 jobs in the area pL7
According to industry reports on the official website of the Jilin Provincial People's Government of China, methionine accounts for about 0.2% of feed formulations, and the global methionine production capacity currently stands at 1 million metric tons per year, with major producers including France, the United States, Germany, Belgium and Japan pL7
China is expected to become the largest consumer of methionine by 2018, with global demand for methionine exceeding 170,000 metric tons per year pL7
Novus International, a livestock company, predicts that the global methionine market will grow at a rate of 2 per cent a year as the world grows and climate change makes natural feed harder to farm and prices rise pL7
The rise of middle-class Asian families and the migration of more Asians to cities have led to a gradual shift in Asian eating habits and a significant increase in meat consumption, Said Dr Reiner Beste, president of Evonik's industrial health and nutrition business, yesterday pL7
This is also the main reason why the company is committed to developing its Business in Asia He said Singapore was Asia's logistics hub, with factories located locally and the time it took to deliver products to its main markets was two or three weeks faster than from Europe and the US pL7
He also said that after the new plant went into operation last week, the first batch of methionine had arrived with customers The plant's current capacity has not yet reached its highest level, about 60%, and will gradually increase in the near future pL7
Dr Klaus Engel, the company's chairman, said Evonik had a long-term development plan in Singapore, with enough land and space to be put into other projects on Jurong Island pL7
, although not a large agricultural country, Singapore will be upgraded from now on to become one of the major producers of artificial feed feed, the , the United Morning Post reported on November 5 Agricultural feed ingredients made in Singapore will be shipped to many other Asian regions, such as China and Indonesia pL7
Evonik, the German specialty chemicals company, opened its first methionine (also known as methionine) in Asia yesterday on The Island of Jurong, China, with the opening ceremony being presided over by Singapore's Deputy Prime Minister and Minister of Finance, Mr Shandaman pL7
The plant, which cost more than 500 million euros (about S$800 million), is the company's largest chemical investment to date and its largest methionine plant in the world pL7
Methionine is an essential amino acid, protein component, that also provides balanced nutrition for livestock, poultry and fish Agricultural feed mixed with methionine is mainly used to raise pigs and poultry, and can replenish nutrients that cannot be provided by natural feed materials such as soybeans pL7
Compared to soybeans, artificial methionine requires less natural resources such as arable land and water sources in the production process, so it is less expensive to manufacture and is considered by the industry to add raw materials to feed with low carbon emissions and more environmentally friendly pL7
Evonik Industries is one of the major manufacturers of this raw material, accounting for about 40% of the global market, producing 430,000 metric tons of methionine per year at four plants in the United States and Europe pL7
The new plant in Singapore will produce 150,000 metric tons of methionine per year, or about 25% of the company's global production This means that Singapore's share of methionine can account for up to 10% of the global market pL7 Shandaman: the pL7 that will expand Singapore's special chemical industry value chain, said in a speech that the new investment will not only expand the value chain of Singapore's specialty chemical industry, but also allow Singapore to join the protein value chain pL7
In addition, the plant uses raw materials from Jurong Island suppliers, and such integration will help improve Singapore's competitiveness The new plant will also create 200 jobs in the area pL7
According to industry reports on the official website of the Jilin Provincial People's Government of China, methionine accounts for about 0.2% of feed formulations, and the global methionine production capacity currently stands at 1 million metric tons per year, with major producers including France, the United States, Germany, Belgium and Japan pL7
China is expected to become the largest consumer of methionine by 2018, with global demand for methionine exceeding 170,000 metric tons per year pL7
Novus International, a livestock company, predicts that the global methionine market will grow at a rate of 2 per cent a year as the world grows and climate change makes natural feed harder to farm and prices rise pL7
The rise of middle-class Asian families and the migration of more Asians to cities have led to a gradual shift in Asian eating habits and a significant increase in meat consumption, Said Dr Reiner Beste, president of Evonik's industrial health and nutrition business, yesterday pL7
This is also the main reason why the company is committed to developing its Business in Asia He said Singapore was Asia's logistics hub, with factories located locally and the time it took to deliver products to its main markets was two or three weeks faster than from Europe and the US pL7
He also said that after the new plant went into operation last week, the first batch of methionine had arrived with customers The plant's current capacity has not yet reached its highest level, about 60%, and will gradually increase in the near future pL7
Dr Klaus Engel, the company's chairman, said Evonik had a long-term development plan in Singapore, with enough land and space to be put into other projects on Jurong Island pL7 with "Methionine, Evonik, Feed" Related Articles: Recommended Topics: News Click: Top Image News: News ReviewS: Seven Mouths Forum:
This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only.
This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of
the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed
description of the concern or complaint, to
service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content
will be removed immediately.