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Adisseo will permanently stop methionine powder production at its Commentry plant in France, which has been idle since October 2022. Production will be consolidated at Roches-Roussillon, with 47 positions cut from a 335-person workforce.
Closing a plant that held over 10% of European methionine capacity tightens European supply, though global capacity growth and falling European demand limit the price effect.
agnavigator.comJane ByrneJan 23, 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.
