Progress on Andisu's annual production of 180,000 tons of liquid methionine project

January 17, 2018, Blue Star Andesu Co., Ltd(the "Company") announced the new liquid methionine plant: the Company intends to build a new liquid methionine plant project in Nanjing, China (hereinafter referred to as "this project"), the project is located in Nanjing, China, the site of the six-in-a-line chemical park, can make full use of the existing Nanjing plant construction and operation experience, share the operation management team with the existing Nanjing plant, share part of the facilities (administration, warehousing logistics, public utilities, etc.) The project has an investment budget of approximately US$490 million, financed by the Company's own funds, and is expected to be put into operation by mid-2021 with an annual production capacity of 180,000 tons of liquid methionineAccording to the preliminary business plan, the recovery period of the project after the project is put into operation is about 4 years66N
On August 28, 2018, Blue Star AndesU Nanjing Co., Ltdconstruction of the second phase of 180,000 tons / year liquid methionine project environmental impact assessment of the first public announcement, public announcement shows: the project construction site: Nanjing Jiangbei New Area Chemical Industry Zone Blue Star Andy Su Nutrition Group Co., Ltdoriginal factory areaProject Overview: The project uses the French Andisu methionine production process, the new methionine production line 1 (8 new process master devices), the construction of 4 liquid methionine packaging lines (to meet the scale of 350,000 tons /year packaging), the construction and transformation of the enterprise required public auxiliary facilities and utilitiesMain products include: liquid methionine, expansion capacity: 180,000 tons / year, up to 350,000 tons / year; CS2: 50,000 tons/year, up to 100,000 tons/year; The total investment of the project is US$451.5 million (rmb 298 million)66NJanuary 17, 2018, Blue Star Andesu Co., Ltd(hereinafter referred to as "Company") announced the new liquid methionine plant: the Company intends to build a new liquid methine plant project in Nanjing, China (hereinafter referred to as "This Project"), this project is located in Nanjing, China, the six-in-one chemical park, can make full use of the existing Nanjing plant construction and operation experience, share the operation management team with the existing Nanjing plant The project has an investment budget of approximately US$490 million, financed by the Company's own funds, and is expected to be put into operation by mid-2021 with an annual production capacity of 180,000 tons of liquid methionineAccording to the preliminary business plan, the recovery period of the project after the project is put into operation is about 4 years66N
On August 28, 2018, Blue Star AndesU Nanjing Co., Ltd construction of the second phase of 180,000 tons / year liquid methionine project environmental impact assessment of the first public announcement, public announcement shows: the project construction site: Nanjing Jiangbei New Area Chemical Industry Zone Blue Star Andy Su Nutrition Group Co., Ltd original factory area Project Overview: The project uses the French Andisu methionine production process, the new methionine production line 1 (8 new process master devices), the construction of 4 liquid methionine packaging lines (to meet the scale of 350,000 tons /year packaging), the construction and transformation of the enterprise required public auxiliary facilities and utilities Main products include: liquid methionine, expansion capacity: 180,000 tons / year, up to 350,000 tons / year; CS2: 50,000 tons/year, up to 100,000 tons/year; The total investment of the project is US$451.5 million (rmb 298 million) 66N