Thursday, 21 October 2021

China’s Angel Yeast Aiming to Solidify its Feed Grade Yeast Market Position

17 September 2021 | Opinion

Jeason Zuo, Head of animal nutrition overseas business at Angel Yeast, told Feedinfo that further investments are underway.

Image Source: angelyeast.com

Image Source: angelyeast.com

Leading Chinese yeast manufacturer Angel Yeast Co., Ltd. has made the headlines in the past couple of months by announcing an acquisition and the opening of a R&D centre in Hubei Province. The company's feed yeast division is expected to benefit from both developments as well as the continued positive momentum seen in H1 2021, during which growth was reported across all of its business units.In August 2021, Angel Yeast, with the help of an investment entity called Shandong Lufa Holding Company, acquired yeast producer Shandong Bio Sunkeen Co., Ltd. for an estimated 100 million yuan ($15.4 million). Bio Sunkeen's products for the animal nutrition market include yeast cell walls, yeast powder, yeast hydrolysate, bacillus subtilis, selenium yeast, and active feed dry yeast. The acquisition is already effective and held under a joint venture company called Angel Yeast (Jining). It is also in line with Angel Yeast's 2025 vision of strengthening its position as a leading Asian yeast company.

This news came a month after Angel Yeast officially opened the new R&D centre in Yichang City. It is understood that more than 196 million yuan ($30 million) has been invested in the facility to date. Another $60 million of annual investment has been earmarked for scientific research in the years to come.

Founded in 1986, Angel Yeast’s product range includes baker's yeast and ingredients, Chinese dim sum solutions, yeast extract-savory, human health, plant care, brewing & biofuels, microbial nutrition, and enzymes. At present, the firm has 11 production bases in China, Egypt, and Russia, and provides products and services to more than 150 countries and regions globally. Today, Angel Yeast claims to be the third-largest yeast company in the world

Jeason Zuo, Head of animal nutrition overseas business at Angel Yeast, told Feedinfo that further investments are underway.

He said his company is expanding production lines at its Bingzhou plant (an additional 25,000 tonnes/year in total yeast capacity is expected). The company has also invested to build a manufacturing plant in Dehong city in Yunnan province, with 15,000 tonnes/year in total yeast capacity.

In addition to the new capacities, Angel Yeast has added water treatment facilities to each of its manufacturing sites, enabling them to convert wastewater into organic fertilizer and biogas.

“Continuously increasing our investment in green manufacturing is an important part of our 2025 strategy. These two projects will further boost the production capacity while reducing carbon emissions,” Jeason Zuo said. “For the Chinese fermentation industry, how to protect the environment and reduce carbon emissions is the priority for sustainable development.”

 

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