# Novus International Announces Investment Review of Beaumont, Texas Site for Manufacturing Expansion

> Novus International announced an investment review with Arkema to expand manufacturing capacity at Arkema's Beaumont, Texas plant. The project would double MMP raw material supply for the proposed ALIMET facility in Calhoun County, Texas. The release describes the company as a global leader in animal health and nutrition.

- Date: 2018-06-01 · published 2018-06-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64870-novus-international-announces-investment-review-of-beaumont-texas-site-for
- 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 project is still under review.

## Read by commodity

- METH: neutral

## Sources

- prnewswire.com: https://www.prnewswire.com/news-releases/novus-international-announces-investment-review-of-beaumont-texas-site-for-manufacturing-expansion-300657833.html

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