{"id":401987,"date":"2020-12-17T09:18:25","date_gmt":"2020-12-17T14:18:25","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=401987"},"modified":"2020-12-17T09:18:25","modified_gmt":"2020-12-17T14:18:25","slug":"adm-to-end-production-of-dry-lysine-in-early-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/adm-to-end-production-of-dry-lysine-in-early-2021\/","title":{"rendered":"ADM to End Production of Dry Lysine in Early 2021"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>ADM to End Production of Dry Lysine in Early 2021<\/b><\/p>\n<p><b>Will complete in-progress work to focus solely on meeting demand for liquid and encapsulated lysine products<\/b><\/p>\n<p>CHICAGO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nADM (NYSE: ADM) today announced it will end production of dry lysine in the first half of 2021, focusing solely on customer needs for liquid and encapsulated lysine products.\n<\/p>\n<p>\n\u201cAnimal nutrition is a growing and evolving industry, and as a global leader in this space, we\u2019re proud to meet customer needs with modern, innovative products,\u201d said Pierre Joseph Paoli, president, Feed Ingredients and Additives. \u201cWe\u2019re seeing good growth from existing and new customers, and we\u2019ve received great feedback as we\u2019ve worked closely with producers to transition them to our liquid lysine products and delivery systems, as well as to our innovative new encapsulated lysine products. Simultaneously, market conditions for dry lysine have eroded, as global industry capacity has expanded faster than demand. We are pleased to continue to invest to serve our customers with cutting-edge ingredients and services, while simultaneously refocusing and strengthening this segment of our Animal Nutrition business portfolio.\u201d\n<\/p>\n<p>\nThroughout 2020, ADM has been working closely with swine and poultry feed producers to transition to liquid lysine, installing equipment in their plants and providing them with superior service through the company\u2019s Online Inventory Management System. In addition, the company continues to introduce new, highly effective differentiated solutions for dairy cows, including NutriPass L, a market-leading encapsulated lysine product that delivers a consistent supply of metabolized lysine to the animal. The company will continue working with customers to ensure a seamless transition within its product portfolio before ending production of dry lysine.\n<\/p>\n<p>\nLysine is an essential amino acid in nutrition. It is used to address the nutrient requirements of the animal and improve production performance for producers to deliver milk, meat and eggs to consumers.\n<\/p>\n<p><b>About ADM<\/b><\/p>\n<p>\nAt ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We\u2019re a global leader in human and animal nutrition and the world\u2019s premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.adm.com%2F&amp;esheet=52350048&amp;newsitemid=20201217005662&amp;lan=en-US&amp;anchor=www.adm.com&amp;index=1&amp;md5=679b4e4c79e6290a77e59c43d0d258e4\">www.adm.com<\/a>.\n<\/p>\n<p><i>Source: Corporate release<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201217005662r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201217005662\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201217005662\/en\/<\/a><\/span><\/p>\n<p><b>ADM Media Relations<br \/>\n<\/b><br \/>Jackie Anderson<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:media@adm.com\">media@adm.com<br \/>\n<\/a><br \/>312-634-8484\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Illinois<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Chemicals\/Plastics Manufacturing Agriculture Natural Resources Food\/Beverage<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201217005662\/en\/775611\/3\/ADM_Logo_Primary.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>ADM to End Production of Dry Lysine in Early 2021 Will complete in-progress work to focus solely on meeting demand for liquid and encapsulated lysine products CHICAGO&#8211;(BUSINESS WIRE)&#8211; ADM (NYSE: ADM) today announced it will end production of dry lysine in the first half of 2021, focusing solely on customer needs for liquid and encapsulated lysine products. \u201cAnimal nutrition is a growing and evolving industry, and as a global leader in this space, we\u2019re proud to meet customer needs with modern, innovative products,\u201d said Pierre Joseph Paoli, president, Feed Ingredients and Additives. \u201cWe\u2019re seeing good growth from existing and new customers, and we\u2019ve received great feedback as we\u2019ve worked closely with producers to transition them to our liquid lysine products &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/adm-to-end-production-of-dry-lysine-in-early-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ADM to End Production of Dry Lysine in Early 2021&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-401987","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - 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