# Business Roundup

> Evonik will spend about $170 million on a methyl mercaptan plant in Mobile, Alabama, used to make DL-methionine. The company currently buys this raw material from third parties.

- Date: 2022-02-27 · published 2022-02-27T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/43029-business-roundup
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

The plant reduces Evonik's reliance on outside methyl mercaptan suppliers, supporting more reliable methionine supply for feed makers in the long run.

## Read by commodity

- METH: neutral

## Sources

- cen.acs.org: https://cen.acs.org/business/Business-Roundup/100/i8

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.