Ajinomoto Animal Nutrition Group, Inc. Enters into Agreement to Subcontract the Manufacture of Feed-Use Amino Acids to Meihua Holdings Group
August 04, 2017 at 01:31 pm EDT
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Ajinomoto Co., Inc. reached an accord with Meihua Holdings Group Co. Ltd. to subcontract the manufacture of feed-use lysine and feed-use threonine through Ajinomoto Animal Nutrition Group, Inc. (AANG), a consolidated subsidiary of Ajinomoto Co., and entered into an agreement on August 4, 2017. Under the agreement, AANG plans to sell both products manufactured by Meihua in the global market under the Ajinomoto brand from fiscal 2018. Meihua is the second company to act as AANG's manufacturing subcontractor for feed-use amino acids, and with the execution of this agreement, Ajinomoto Co. will rebuild its global supply system for feed-use amino acids, which are the foundation of its animal nutrition business. As overall global consumption of meat continues to grow, demand for feed production and feed-use amino acids is expected to remain firm. Under these conditions, AANG intends to meet the diversifying needs of the market and its customers by offering a stable supply of feed-use amino acids in the global market and improve its ability to provide solutions from the customers' perspective.
MeiHua Holdings Group Co., Ltd is a China-based company, principally engaged in the production and distribution of biological fermented products. The Company principally provides animal nutritional amino acids, human medical amino acids and food taste optimization products. The Company distributes its products in domestic markets and to overseas markets.