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Evonik plans to start operations in 2019 at its second world-scale DL-Methionine plant in Asia, in Singapore, with annual capacity of 150,000 metric tons. The hub is intended to improve supply security and logistics flexibility for amino acid demand.
A new 150,000 t plant adds meaningful methionine supply in Asia from 2019, which is bearish for methionine prices over time as the market absorbs the capacity.
en.engormix.comRam prasad sapkotaJun 21, 2018Not 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.
