# NHU COMPANY(002001)：IMPROVING METHIONINE DEPLOYMENT;EXPECT GROWTH IN ALL SEGMENTS

> NHU announced on December 27, 2021 a agreement with Sinopec Zhenhai to invest about Rmb3bn in a methionine plant and form a 50/50 joint venture to run it. Analysts expect about 180,000t of new methionine capacity in 2022 and global demand growth of 5-6% a year.

- Date: 2021-12-28 · published 2021-12-28T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/43934-nhu-company-002001-improving-methionine-deployment-expect-growth-in-all-segments
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

Expected capacity additions ahead of demand growth point to intensifying competition and a supply surplus in the near term, which would weigh on methionine prices and feed additive margins.

## Read by commodity

- METH: bearish ▼

## Sources

- m.gelonghui.com: https://m.gelonghui.com/news/704897

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