Adisseo commented on the methionine market and its plans to expand its future production.

;. Source:Feedinfo News Service(:01/04/2009)Global methine market demand has plummeted in recent months as a result of slowing meat sales caused by the global recession, which has severely weighed on feed production. In particular, the U.S. market has seen a large inventory and meat production has fallen sharply.. However, some credit analysts predict that the situation will improve as the market stabilizesthe2009.""I think the protein industry is coming off the downward trend of last year,"Moultrie, senior director of finance at. The slowdown in sales of high-priced feed and meat has left U.S. meat companies struggling 2008 and early 2009 . As a result, companies have had to cut production, especially chicken producers, who are responding more quickly to changes in demand than beef and pork producers. He added that the "the second half of 2009 is likely to be better than the first half of the " . What does this mean for the global methionine market? Will the current recession affect the methionine industry's future capacity expansion plans? Will the methionine market recover? What impact will the current recession have on demand and supply of methionine? . Feedinfo News Service recently interviewed Frank Chmitelin , Executive Director of Quality Products at adisseo , , to explore how the company responded to the current market situation and how to comment on its delay in building a production base in China. . Frank Executive Director of Quality Products at Adisseo . How does Adisseo and Bluestar recently announced a delay in the construction of a methionine production base in China, and how does this relate to its response to the current economic crisis? project to build a production site in China has been delayed because the Chinese government is unhappy with the address of the production base. In fact, the current adverse market situation has indeed had a certain impact on the delay in the construction of production bases in China. . 2. Can you specify the impact of the current economic crisis on your marketing activities? demand for methionine has declined in all countries around the world. Compared to the same period last year, we estimate that the 's demand for meth ionosphin fell by 10% 10% to 15% of in the first quarter of 2009 , with the decrease varying according to local market conditions. We expect demand for methionine in the second quarter of 2009 to be comparable to that of the in the first quarter of 2009 , when market demand will stabilize at current levels. As methionine is the lowest-cost source of animal protein, we believe that the poultry market will continue to grow in the medium to long term and that the poultry market will recover quickly once the economy picks up, which gives us confidence that the methionine market remains strong. . 3. Does this mean that your company does not need to expand its production capacity in the short term? it will take time to expand capacity, and we are adjusting production to cope with the current economic situation. we are currently maintaining annually at all production sites. As a result, we have suspended the production of methionine, and then we will adjust the timing and level of production in response to market demand, while maintaining the ability to respond quickly to economic changes. but at the same time, we must also prepare for future market changes, and once the market recovers, we must expand capacity to meet the growing demand of the market, which is why we are closely monitoring the potential capacity increase at our European production sites. . 4. Which production site in Europe does Adisseo plan to expand? Can you elaborate on the increase in production at each production site? we do consider increasing production at all production sites. We will provide more accurate information in the near future. . 5. 5. schedule for capacity increases at each production base? we are assessing production in the European region, which began to increase gradually in 2010, so we can adjust our product supply to meet customer needs. In any case, we will stick to our commitment to all our customers and ensure that we continue to supply our products consistently. . 6. is the production of existing intermediate products sufficient to ensure that your company expands its production according to its schedule? . Adisseo is a backward integration company, which is also a great asset to us. Our plan includes adjusting the production of intermediate products to meet future needs. . 7. can you expand the capacity of your existing production base without disrupting existing production? Yes, we are using the normal shutdown and maintenance period to expand capacity to avoid any situation that disrupts the supply of products to our customers. . 8.8. 8. your statement on March 1 8, clearly stated Bluestar commitment to build a fully integrated methionine production site in China. Ren Jianxin, president of the of Bluestar, a Sinochem group, recently reiterated his company's plan to invest 2 .6 billion yuan to build a methionine production base in China. When do you expect to resolve the problem of the Chinese government's delay in building a project due to an address planning dispute? . The Bluestar and Adisseo the company's team responded quickly and began working together as soon as they commented on potential issues with the best alternative address. We have found several alternative addresses. Clearly, one of the key criteria for selecting a methionine production site the Bluestar-Adisseo is timing. . 9. If the construction of the methionine production base is delayed, will you be concerned about the Adisseo competitors building a fully integrated production base in China? we believe that the impact of project delays is limited. All the engineering studies done over the past two years are still highly targeted and can be reused. . The project team at Bluestar and Adisseo have all mobilized to try to overcome the problem as quickly as possible. This assures us that we will still be the first company to establish a fully integrated methionine production base in China. . 10. How much does it cost the to delay the project? the impact is very limited in terms of cost, as we are still working on the project and construction has not yet begun. In terms of market share, we do not want any negative impact, as the expansion of production capacity in Europe will offset the delay in the construction of production in China, and we will adjust capacity based on forecasts for market growth over the same period. . 11. Taking into account your company's current attempt to expand production in Europe, will the planned production capacity of the Chinese production base be lower than previously envisaged? production base is certainly not the same as originally thought. Initially we announced that we would expand capacity in two phases, and this plan remains unchanged. When the second phase begins depends on the development of market demand. . Source: Feedinfo News Service ( : 01/04/2009 ) Global methine market demand has plummeted in recent months as a result of slowing meat sales caused by the global recession, which has severely weighed on feed production. In particular, the U.S. market has seen a large inventory and meat production has fallen sharply. . However, some credit analysts predict that the situation will improve as the market stabilizes the 2009. " " I think the protein industry is coming off the downward trend of last year," Moultrie , senior director of finance at . The slowdown in sales of high-priced feed and meat has left U.S. meat companies struggling 2008 and early 2009 . As a result, companies have had to cut production, especially chicken producers, who are responding more quickly to changes in demand than beef and pork producers. He added that the "the second half of 2009 is likely to be better than the first half of the " . What does this mean for the global methionine market? Will the current recession affect the methionine industry's future capacity expansion plans? Will the methionine market recover? What impact will the current recession have on demand and supply of methionine? . Feedinfo News Service recently interviewed Frank Chmitelin , Executive Director of Quality Products at adisseo , , to explore how the company responded to the current market situation and how to comment on its delay in building a production base in China. . Frank Executive Director of Quality Products at Adisseo . How does Adisseo and Bluestar recently announced a delay in the construction of a methionine production base in China, and how does this relate to its response to the current economic crisis? project to build a production site in China has been delayed because the Chinese government is unhappy with the address of the production base. In fact, the current adverse market situation has indeed had a certain impact on the delay in the construction of production bases in China. . 2. Can you specify the impact of the current economic crisis on your marketing activities? demand for methionine has declined in all countries around the world. Compared to the same period last year, we estimate that the 's demand for meth ionosphin fell by 10% 10% to 15% of in the first quarter of 2009 , with the decrease varying according to local market conditions. We expect demand for methionine in the second quarter of 2009 to be comparable to that of the in the first quarter of 2009 , when market demand will stabilize at current levels. As methionine is the lowest-cost source of animal protein, we believe that the poultry market will continue to grow in the medium to long term and that the poultry market will recover quickly once the economy picks up, which gives us confidence that the methionine market remains strong. . 3. Does this mean that your company does not need to expand its production capacity in the short term? it will take time to expand capacity, and we are adjusting production to cope with the current economic situation. we are currently maintaining annually at all production sites. As a result, we have suspended the production of methionine, and then we will adjust the timing and level of production in response to market demand, while maintaining the ability to respond quickly to economic changes. but at the same time, we must also prepare for future market changes, once the market recovers, we must expand capacity to meet market growth.