«Graintek» - Forum & Expo on grain processing & industrial biotechnology. Topics includes gluten, starches, glucose and fructose syrups, bioplastics (succinic, lactic and other organic acids) and other value added fermentation products
The state Duma adopted the law aimed at creating favorable legal conditions for the production of bioethanol. The document introduces the concept of «bioethanol» and determines the procedure for licensing its production. Under the ethanol means denatured ethyl alcohol produced during the processing of vegetable raw materials and containing no more than 1% water. Such alcohol used for technical purposes, in particular as fuel.
"The farmers of your country will certainly be interested in the possibility of deep processing of grain in Belarus for the production of essential amino acids and the production of high-tech feed for livestock. This project, in which 14 plants will be built, is being implemented in cooperation with our Chinese partners. Creation of production is calculated for the period up to 2030 and provides for investments in the amount of more than $ 700 million, "A. Lukashenko said.
South Korea's Daesang said on Wednesday it has signed a contract to transfer its lysine technology to China's Chengfu Group for 10 billion won ($8.82 million). The duo's lysine business is expected to grow from 500,000 tons to 700,000 tons. Daesang aims to achieve 2 trillion won in sales of lysine and other materials by 2022.
The price for methionine in Russia decreased by 5% in April 2018 and was about 2.5-2.6 euro/kg at the end of the month. This is according to data from FeedLot.ru. Approximately 8,000 tons of this amino acid were imported to Russia during four months of 2018, which is 17% (1,600 tons) less than imported during the period from January to April 2017. Export of Russian methionine produced by Volzhsky Orgsyntez during the first 4 months of 2018 amounted to about 2,500 tons.
The wheat market started the week under pressure as the Russian Ag Minister stated that 1.5 million metric tons of grain will be sold out of their reserves this month. The reason given was to lower storage costs. With the poorer quality they have experienced during harvest, this move was viewed by the trade as a gimmick to spur internal grain movement so they don't lose export market share.
According to the report, global sorbitol market was valued at USD 1.17 billion in 2016, is expected to reach USD 1.59 billion in 2022 and is anticipated to grow at a CAGR of 5.3% between 2017 and 2022.
Simultaneously the Western producers of soft-drinks and candies like Bravo plant and Chupa-Chups just started their operations in Russia. The all needed Citric Acid as a pH regulator and the only source of this material became the importation. Thus my first blockbuster in chemical sales was Citric Acid Monohydrate (CAM).
Last year I have published an article about Russian market of amino-acids and about Russian market of L-Lysine in particular. It was noted that Russia was rapidly increasing the importation of Lysine in the last years. Also the plans of local companies to start their own production of Lysine were indicated. Though only few months have passed after this article publication the significant changes took place at Russian Lysine market which will be shown below.
Exports of food and agricultural raw materials last year amounted to $20.7 billion, which is 21.1% more than in 2016, reads the report of the Ministry of agriculture. One third of the food products exported abroad fell on grain and products of the milling and cereal industry. The export of these products in the coming years may increase 1.5 times, experts believe.
