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Novus International has notified the public that it wants to drill a roughly 6,000-foot deep well near Green Lake in Calhoun County, Texas, to inject hazardous byproducts from a planned methionine plant. The company says the waste streams are hydroxy analog, hydrocyanic acid and 3-methylthio propionaldehyde.
The plant would produce methionine for its Alimet poultry feed additive.
A new methionine plant with its own waste-disposal permit signals added methionine capacity, which could ease supply and weigh on feed-additive prices over time. The near-term price effect is small because the project is still at the permitting stage.
victoriaadvocate.comStaff ReportsMar 5, 2017Not 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.
