# CJ Cheiljedang Vows to Rise to Top Spot of World's Bio Industry - Businesskorea

> CJ CheilJedang marked the 30th anniversary of its Indonesian bio factory in Pasuruan on December 20, where it began producing lysine for animal feed in 1988. The company said its global bio business passed 2 trillion won in sales last year and targets 2.8 trillion won this year and over 3 trillion won next year.

- Date: 2018-12-21 · published 2018-12-21T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/61873-cj-cheiljedang-vows-to-rise-to-top-spot-of-world-s-bio-industry-businesskorea
- Commodities: [Lysine](https://feedsoft.ai/c/LYSINE.md)

## Why it matters

CJ ranks first globally in lysine, a key feed amino acid, so its capacity expansion and sales targets shape global lysine supply and pricing for feed compounders.

## Read by commodity

- LYSINE: neutral

## Sources

- businesskorea.co.kr: https://www.businesskorea.co.kr/news/articleView.html?idxno=27678

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.