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Evonik will highlight methionine supply security and sustainability at IPPE 2024 in Atlanta. It is completing backward integration of its Mobile, Alabama methionine plant in Q3 2024, which is expected to cut 25,000 metric tons of CO2 annually.
Expanded integrated methionine production in the Americas adds regional supply and reduces reliance on volatile global chains, which is mildly bearish for methionine prices over time.
evonik.comAnastasia Noryk, Nina PeckJan 25, 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.
