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Stock impact report

Evonik to ramp up production of silk proteins with AMSilk [Yahoo! Finance]

AJINOMOTO CO UNSP/ADR (AJINY) 
NASDAQ:AMEX Investor Relations: ajinomoto.com/en/ir
Company Research Source: Yahoo! Finance
As part of this, they had commissioned a manufacturing unit at Evonik's Slovakian site dedicated to AMSilk's high-performance silk. Created with “minimal environmental impact”, this biomaterial is intended for premium fashion and automotive interiors. Evonik health care business line head Guido Skudlarek said: “Our collaboration with AMSilk is a powerful example of how together we can shape the future of materials through biotechnology. “By scaling production of sustainable silk proteins, we are not only expanding our portfolio of precision biosolutions — we are creating solutions that enhance life and redefine what's possible.” Evonik has set up a specialised production line at its biotechnology facility in Slovakia, which is outfitted with advanced equipment, enhanced systems, and uses renewable energy sources. This setup ensures a steady production each month, capable of generating multiple tons of AMSilk's advanced silk proteins. The production line is specifically des Show less Read more
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