# Sumitomo Chemical Holds a Completion Ceremony for its New Plant of Feed Additive Methionine in Ehime | Business & Products | SUMITOMO CHEMICAL

> Sumitomo Chemical held a completion ceremony on October 4, 2018 for a new methionine production line at its Ehime Works in Japan. The line has capacity of about 100,000 metric tons per year, lifting the company's total to about 250,000 tons. Commercial production is set to start soon.

- Date: 2018-10-04 · published 2018-10-04T12:00:00.000Z
- Category: market · region Japan · magnitude medium
- Page: https://feedsoft.ai/events/62883-sumitomo-chemical-holds-a-completion-ceremony-for-its-new-plant-of-feed
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

The added capacity increases global methionine supply in a market growing about 6% a year, which could ease prices for poultry feed amino acid buyers. The effect depends on how quickly the new tonnage is absorbed.

## Read by commodity

- METH: bearish ▼

## Sources

- sumitomo-chem.co.jp: https://www.sumitomo-chem.co.jp/english/news/detail/20181004.html

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