# Novus International, partner plan manufacturing expansion

> Novus International confirmed an in-depth investment review with Arkema to expand manufacturing capacity at Arkema's Beaumont, Texas plant. The expansion would double MMP raw material supply for the proposed ALIMET facility in Calhoun County. Novus is privately owned by Mitsui & Co. (USA) and Nippon Soda.

- Date: 2018-06-01 · published 2018-06-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/64872-novus-international-partner-plan-manufacturing-expansion
- 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

- feedstuffs.com: https://www.feedstuffs.com/agribusiness-news/novus-partner-plan-manufacturing-expansion

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