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Evonik will build a methyl mercaptan plant at its Mobile, Alabama site, an intermediate used to make its MetAMINO (DL-methionine). The roughly EUR 150 million project is scheduled to start in the second half of 2024.
Backward integration gives Evonik more secure methionine supply for North and South America, which is a long-dated supply-side change with little near-term price effect on feed inputs.
central-south-america.evonik.comMar 11, 2022Not 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.
