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Evonik used Eurotier 2024 to highlight sustainability in its feed ingredients, releasing life cycle assessments for probiotics and guanidinoacetic acid and a carbon footprint for its Biolys lysine product. The company estimates its DL-methionine carbon footprint is about 35% below the industry average.
This is a product and marketing announcement with no direct supply or demand change, so it has little effect on feed ingredient prices.
evonik.comNadine Albach, Regina BarbaraNov 7, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
