New and methionine plant operating rate of 80%

According to the recent investor relations record table shows that the new and methionine plant planning land 2600 mu, in 2013 began a phase of 50,000 tons / year of project construction, has been normally put into production, normal production capacity reached more than 80%, product cost quality has reached the expected target, the next 250,000 tons / year of expansion projectis are being carried out as planned7pV
At present, the global demand for methionine is about 1.2 million tons, domestic demand is about 200,000 tons, the annual growth rate of global demand is about 5%-6%, the domestic growth rate is higher, the global demand in the next decade to 1.6-1.8 million tons, domestic growth to 300,000 tonsThe new company plans 300,000 tons, just in proportion to domestic demand, which accounts for only about one-half of the world's totalConstruction of the first phase of the new and methionine project, which began construction in 2013, has reached 80% of the production capacity and the cost quality has reached expectationsThe first phase of the investment relative to public works, such as large and slow, the next 250,000 tons / year of scale construction in the amount and speed of investment will be significantly improved optimization7pV
New and into the company's methionine project from research and development to investment in construction has more than ten years, small test in the New Chang base completed, choose large-scale production of factory enterprises also found a lot of places, and finally settled in Weifang, Shandong, the main raw materials of methionine is large chemical out, Shandong is a large chemical province, raw materials procurement convenience, railway transport convenient, logistics costs are relatively lowWeifang in Bohai Bay, there are many ports, convenient for the company's products in and out, and then the enterprise has built a fragrance and fragrance factory in Shandong, in many ways can reflect the synergy advantage7pV
The company's first 50,000 tons / year methionine project began construction in 2013, in January this year began trial success, the current production capacity of 80%, the normal monthly output of up to 4000 tons, products have been supplied to downstream enterprises to use, feedback customer evaluation is very good, the company's philosophy is to do the best quality to the marketFrom the production technology company believes that its technology should be in the forefront of the world, and in the continuous research and development process will not continue to progress, production on the use of integration, serialized product structure can play a good synergy advantage, in the raw materials to ensure the use of intermediate seisyths and so on to keep the cost optimizedIn the market sales of many customers are the company's original vitamin nutrition downstream customers, domestic and foreign have synergies, and some single-family demand reached tens of thousands of tons7pV
　　From the profit point of view, the company's current first phase of production capacity is 50,000 tons / year, public works investment is relatively large, coupled with commissioning production has a certain impact on the cost, price fluctuations are also larger, from high time of a hundred thousand tons to the current 20,000 or so a ton, should also be the bottom price of methionine, we are confident that methionine for the company to contribute profits, of course, the price recovery is better 7pV
　　The company's methionine master plan is 300,000 tons / year, the first phase is 50,000 tons and some public facilities, built investment of about 2 billion, after successful production of 250,000 tons, investment of more than 5 billion yuan, has now declared the non-public offering of construction, expansion of the planning and design of the current progress smoothly carried out according to plan, investment and construction speed on the basis of the first phase will be more optimized At present, 50,000 tons are the production of solid methionine products, the company in the methionine research and development of solid eggs and liquid egg are carried out the same, according to the needs of the follow-up market we can also on the liquid methionine technology The company not only has advantages in location, but also continuous technology research and development and company integration 7pV According to the recent investor relations record table shows that the new and methionine plant planning land 2600 mu, in 2013 began a phase of 50,000 tons / year of project construction, has been normally put into production, normal production capacity of more than 80%, product cost quality has reached the expected target, the next 250,000 tons / year of expansion projects are being carried out as planned 7pV
　　At present, the global demand for methionine is about 1.2 million tons, domestic demand is about 200,000 tons, the annual growth rate of global demand is about 5%-6%, the domestic growth rate is higher, the global demand in the next decade to 1.6-1.8 million tons, domestic growth to 300,000 tons The new company plans 300,000 tons, just in proportion to domestic demand, which accounts for only about one-half of the world's total Construction of the first phase of the new and methionine project, which began construction in 2013, has reached 80% of the production capacity and the cost quality has reached expectations The first phase of the investment relative to public works, such as large and slow, the next 250,000 tons / year of scale construction in the amount and speed of investment will be significantly improved optimization 7pV
　　New and into the company's methionine project from research and development to investment in construction has more than ten years, small test in the New Chang base completed, choose large-scale production of factory enterprises also found a lot of places, and finally settled in Weifang, Shandong, the main raw materials of methionine is large chemical out, Shandong is a large chemical province, raw materials procurement convenience, railway transport convenient, logistics costs are relatively low Weifang in Bohai Bay, there are many ports, convenient for the company's products in and out, and then the enterprise has built a fragrance and fragrance factory in Shandong, in many ways can reflect the synergy advantage 7pV
　　The company's first 50,000 tons / year methionine project began construction in 2013, in January this year began trial success, the current production capacity of 80%, the normal monthly output of up to 4000 tons, products have been supplied to downstream enterprises to use, feedback customer evaluation is very good, the company's philosophy is to do the best quality to the market From the production technology company believes that its technology should be in the forefront of the world, and in the continuous research and development process will not continue to progress, production on the use of integration, serialized product structure can play a good synergy advantage, in the raw materials to ensure the use of intermediate seisyths and so on to keep the cost optimized In the market sales of many customers are the company's original vitamin nutrition downstream customers, domestic and foreign have synergies, and some single-family demand reached tens of thousands of tons 7pV
　　From the profit point of view, the company's current first phase of production capacity is 50,000 tons / year, public works investment is relatively large, coupled with commissioning production has a certain impact on the cost, price fluctuations are also larger, from high time of a hundred thousand tons to the current 20,000 or so a ton, should also be the bottom price of methionine, we are confident that methionine for the company to contribute profits, of course, the price recovery is better 7pV
　　The company's methionine master plan is 300,000 tons / year, the first phase is 50,000 tons and some public facilities, built investment of about 2 billion, after successful production of 250,000 tons, investment of more than 5 billion yuan, has now declared the non-public offering of construction, expansion of the planning and design of the current progress smoothly carried out according to plan, investment and construction speed on the basis of the first phase will be more optimized At present, 50,000 tons are the production of solid methionine products, the company in the methionine research and development of solid eggs and liquid egg are carried out the same, according to the needs of the follow-up market we can also on the liquid methionine technology The company not only has advantages in location, but also continuous technology research and development and company integration 7pV