# Novus looks to expand methionine manufacturing capacity | Feed Strategy

> Novus International confirmed an in-depth investment review with partner Arkema to expand MMP manufacturing capacity at Arkema's Beaumont, Texas plant. The expansion would double MMP raw material supply for a proposed ALIMET methionine facility in Calhoun County, Texas. Novus also announced an 8 percent price increase on its methionine hydroxy analog products the previous month.

- Date: 2018-06-01 · published 2018-06-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64867-novus-looks-to-expand-methionine-manufacturing-capacity-feed-strategy
- Commodities: [Methionine](https://feedsoft.ai/c/METH.md)

## Why it matters

Added methionine raw material capacity points to more future supply, which is mildly bearish for methionine prices, though the review is not yet a final investment decision and the recent price increase points the other way.

## Read by commodity

- METH: neutral

## Sources

- feedstrategy.com: https://www.feedstrategy.com/animal-feed-additives-ingredients/feed-additives/article/15439823/novus-looks-to-expand-methionine-manufacturing-capacity
- wattagnet.com: https://www.wattagnet.com/home/article/15525366/novus-looks-to-expand-methionine-manufacturing-capacity-wattagnet

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