Japan: Production Efficiency Sumitomo Chemical to Renew Production Plans for Feed Additive Methionine Biz
Sumitomo Chemical has plans to strengthen the competitiveness of its feed additive methionine business by shutting down operations at one of its aged and less efficient plants and at the same time also plans to renew its production plans in other plants.
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Japan – Sumitomo Chemical has recently announced that it will seek to enhance its market competitiveness in feed additive methionine business, by discontinuing production at the end of September at one of its plants which offers less efficiency in productivity. The company also intends to renew its production plans in other plants.
Methionine is an essential amino acid that cannot be synthesized in an animal’s body. Because poultry feeds, made mainly from corn, often do not contain sufficient amounts of methionine, it is widely used as a feed additive to increase productivity of chicken meat and eggs, for which demand is increasing due to the growth of the worldwide population and economy.
The global methionine market has almost doubled in the past dozen or so years, growing at an annual rate of about 6 per cent recently, which means an annual growth in sales volume of about 80,000 tonnes. The market is expected to show a similar rate of growth in the years to come.
In the methionine business, Sumitomo Chemical’s strength is in its integrated production process starting from raw materials, as well as the proprietary production technology it has cultivated over many years. Based on these strengths, in October 2018, Sumitomo Chemical completed a new production line capable of producing 100,000 tonnes per year with significantly reduced raw material and utility losses.
Taking the advantage of Sumitomo Chemical’s know-how as a diversified chemical company in handling specialised waste liquids and waste gas, this plant has been continuing full and stable productions under advanced environmental and safety measures and a quality-control system.
Now, Sumitomo Chemical has decided to further strengthen its competitiveness by discontinuing production at the end of September at one of its plant that has aged over 50 years and by renewing its production plans in other plants.
(ID:46166592)