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Evonik announced a $176.5 million expansion at its Mobile, Alabama site to produce methyl mercaptan for MetAmino. The plant is scheduled to come online in the second half of 2024.
The project secures future DL-methionine supply in the Americas, but the 2024 start date means it does not move near-term methionine prices.
Not 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.