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Evonik and China's Fufeng Group signed a cooperation agreement under which Fufeng will manufacture ThreAMINO (L-threonine) for Evonik using Evonik's technology. The deal lets Evonik offer ThreAMINO worldwide with a lighter asset footprint.
Adding a large Chinese producer to Evonik's threonine supply chain could expand feed amino acid capacity and modestly pressure threonine prices over time, with limited near-term effect on corn or soy markets.
feedstrategy.comdeveloper undefinedJan 11, 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.
