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.

© WOC News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

DSM completes sale of participation in DEXPlastomers JV to Borealis

HEERLEN, THE NETHERLAND: Royal DSM, the global Life Sciences and Materials Sciences company, has completed the sale of its participation in DEXPlast ...

Read more
Converting carbon dioxide into useful chemicals

BATH, UK: New research from Bath has explored the idea of treating carbon dioxide as a useful product rather than waste, by capturing it and convertin ...

Read more
BioNitrogen, CF Industries to remove woody biomass from phosphate mining land

DORAL, US: BioNitrogen Corporation, a cleantech company that utilizes proprietary technology to build environmentally-friendly plants that convert bio ...

Read more
SABIC to halt development of $5.3 billion methanol facility in Trinidad, Tobago

PORT-OF-SPAIN, TRINIDAD: Petrochemical giant Saudi Basic Industries Corp (SABIC) is halting plans to develop a $5.3 billion methanol complex in the en ...

Read more
Oiltanking to acquire Grindrod Tank Terminals

CAPE TOWN, SOUTH AFRICA: Oiltanking Grindrod Calulo (Pty) Ltd, subsidiary of Oiltanking GmbH, has entered into an agreement to acquire the business ...

Read more
Sealed Air elects new CEO, Jerome Peribere

ELMWOOD PARK, US: Sealed Air Corporation has elected Jerome A Peribere to the position of President and Chief Executive Officer as of 1 March 2013. Pe ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X