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Evonik Animal Nutrition said it will showcase its US methionine production expansion at IPPE 2023 in Atlanta. A new methyl mercaptan plant in Mobile, Alabama, is due to start in 2024 to backward-integrate its methionine output.
Added methionine capacity in the Americas from 2024 should ease supply tightness and weigh modestly on DL-methionine prices, while improving supplier security for feed makers.
evonik.comAnastasia Noryk, Nina PeckFeb 2, 2023Not 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.
