Andy Su plans to build a new world-class liquid methionine plant in Nanjing

Andisu announced on the evening of January 16th that the company's board of directors had approved the construction of a new liquid methionine plant in NanjingThe plant will be the company's third liquid methionine platform in the world, the announcement saidIt is understood that the company's first world-class plant is located in Burgos, Spain, the second is the previously built and operational Nanjing plant ("existing Nanjing plant")2A82A8Company revealed that the new Nanjing plant is located in the Nanjing Six-He-Sin Chemical Park, adjacent to the existing Nanjing plant in Andesu, can make full use of the existing Nanjing plant construction and operation experience, to maximize synergiesIt is understood that the new Nanjing plant design capacity of 180,000 tons of liquid methionine per year, is expected to be operational by mid-2021Its total investment amount is approximately US$490 million and is financed by the company's own fundsThe recovery period of the project after the plant is put into operation is approximately four years2A82A8Andy Su said the plant was built to meet growing customer demand and achieve Andesu's sustainable goalsThe new Nanjing plant will share the operational management team with the existing Nanjing plant and share some of the facilities (administration buildings, warehousing logistics, utilities, etc.), thereby reducing capital and operating expenses and further strengthening Andesu's competitive advantage"The new Nanjing Liquid Methionine plant is a key step to further cementing our leadership position in the methionine industry," said Jean Mark, chief executive of2A82A8Global demand for methionine has been growing at an annual rate of about 6%, with liquid methionine growing at an annual rate of more than 10% The approval of this project also demonstrates the confidence of the management and board of the Blue Star Group and The CNPC in the competitiveness of Andesu in the methionine industry, and the confidence that our team can fully realize the value of this investment "
2A8 2A8 " and we also see the scale of building a new plant in Nanjing We can leverage our existing local team resources to share the experience of building and operating existing plants and some of the existing facilities to combine the two Nanjing plants to become the largest liquid methionine production platform Jean Mark concluded 2A8
2A8 Andesu announced on the evening of January 16th that the company's board of directors had approved the construction of a new liquid methine plant in Nanjing The plant will be the company's third liquid methionine platform in the world, the announcement said It is understood that the company's first world-class plant is located in Burgos, Spain, the second is the previously built and operational Nanjing plant ("existing Nanjing plant") 2A8 2A8 Company revealed that the new Nanjing plant is located in the Nanjing Six-He-Sin Chemical Park, adjacent to the existing Nanjing plant in Andesu, can make full use of the existing Nanjing plant construction and operation experience, to maximize synergies It is understood that the new Nanjing plant design capacity of 180,000 tons of liquid methionine per year, is expected to be operational by mid-2021 Its total investment amount is approximately US$490 million and is financed by the company's own funds The recovery period of the project after the plant is put into operation is approximately four years 2A8 2A8 Andy Su said the plant was built to meet growing customer demand and achieve Andesu's sustainable goals The new Nanjing plant will share the operational management team with the existing Nanjing plant and share some of the facilities (administration buildings, warehousing logistics, utilities, etc.), thereby reducing capital and operating expenses and further strengthening Andesu's competitive advantage "The new Nanjing Liquid Methionine plant is a key step to further cementing our leadership position in the methionine industry," said Jean Mark, chief executive of 2A8 2A8 Global demand for methionine has been growing at an annual rate of about 6%, with liquid methionine growing at an annual rate of more than 10% The approval of this project also demonstrates the confidence of the management and board of the Blue Star Group and The CNPC in the competitiveness of Andesu in the methionine industry, and the confidence that our team can fully realize the value of this investment "
2A8 2A8 " and we also see the scale of building a new plant in Nanjing We can leverage our existing local team resources to share the experience of building and operating existing plants and some of the existing facilities to combine the two Nanjing plants to become the largest liquid methionine production platform Jean Mark concluded 2A8
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