Ajinomoto invest $14 million double amino acids capacity in China

Ajinomoto to invest $14 million to double amino acids capacity in China

7:49 AM, 4th March 2013
Ajinomoto to invest $14 million to double amino acids capacity in China

TOKYO, JAPAN: Ajinomoto Co Inc has announced plans to invest approximately ¥1.3 billion ($14 million) to double production capacity for amino acids for use in pharmaceuticals and foods at its subsidiary Shanghai Ajinomoto Amino Acid Co Ltd in Shanghai, China. The expansion is scheduled to come on line in October 2013 and will help meet demand in the fast-growing markets of China, other countries in Asia and other regions.

To meet demand in China and elsewhere in Asia, where the amino acid market is growing particularly fast, Ajinomoto Co is increasing production in Shanghai, which is close to major markets. Ajinomoto Co is planning efficient capacity expansions using its global network of amino acid production bases, with the aim of securing a market share of 50 per cent or more by 2020.

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