# Evonik ramps up animal-feed protein production with new plant expansion - The Business Times

> The Business Times reports that Evonik expanded its methionine facility on Jurong Island by 40,000 tonnes, bringing total capacity to 340,000 tonnes per year. The article says the site is now the world's largest methionine facility, with over 40% market share.

- Date: 2024-08-28 · published 2024-08-28T12:00:00.000Z
- Category: market · region Singapore · magnitude medium
- Page: https://feedsoft.ai/events/29153-evonik-ramps-up-animal-feed-protein-production-with-new-plant-expansion-the
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

Adding capacity at the largest methionine plant increases supply of a key feed protein, which can put downward pressure on methionine prices.

## Read by commodity

- METH: bearish ▼

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/singapore/economy-policy/evonik-ramps-animal-feed-protein-production-new-plant-expansion

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