Strong demand for sea freight has surprised markets, and a surge in the upcoming peak season could drive costs back to the mid-2021 levels when the COVID-19 pandemic was in full force, says a market intelligence firm.
Evonik's methionine production facility in Singapore has successfully completed the initial phase of its upgrade, with the company saying the move will help ensure security of supply.
Results of a study suggest that beta-glucan supplementation combined with higher levels of vitamin C and E can boost the antioxidant capacity of whiteleg shrimp post larvae.
Evonik’s nutrition division recorded lower earnings compared with the previous quarter. While demand picked up, the price of methionine again fell slightly, said the firm.
The first quarter of 2023 brought some long-awaited, yet below average, feed additive replenishment buying; however, April was a weak month for global trade flows in the sector, finds a report from Kemiex.
Linde has signed a long-term agreement to supply green hydrogen to Evonik, with the idea of supporting the growth of the German specialty chemical company’s operations in Singapore.
German specialty chemicals business, Evonik, is separating its amino acids and specialties businesses into two distinct operating models; it says the move will allow it to adapt to market dynamics, ensuring competitiveness and enabling further profitable...
Evonik is expanding its capacity to produce its DL-methionine product, MetAMINO, at its production hub in Jurong Island, Singapore, by 40,000 metric tons.
Vitamins B5 and K3 prices are trading at 52-weeks highs, while vitamin E and amino acids, such as lysine and methionine, are trading slightly softer but at higher-than-previous levels.
The EU imported 12% more vitamin E volumes in 2021 compared to 2020, noted Kemiex, which has been tracking vitamin supply and demand trends over the past year.
Trial work provides evidence DL-Methionine is more efficient than hydroxy analogues of methionine, not only for weight gain and FCR, but also in terms of protein retention, says Evonik.
Methionine producers in China and elsewhere are analyzing the sudden volatility of petrochemicals and feedstocks arising out of the escalation in the Black Sea conflict, reports Kemiex.
Spot rates for most ingredients peaked during February and March and have since returned to lower levels amid lackluster demand and cautious purchasing, says Swiss data and trading platform, Kemiex.
Feed additive demand and input pricing remains somewhat unclear for now as markets analyze the significant price spikes in corn, soybean, other feed raw materials globally, says Swiss data and trading platform, Kemiex.
Prices for amino acids including lysine, threonine and tryptophan are showing a slight downward trend from the record-highs of late, according to data from Swiss trading and data platform, Kemiex.
In an update regarding the status of its manufacturing facility in Chocolate Bayou, Texas, following the winter storms, Novus says production of methionine hydroxy analogue (HMTBa) is expected to get underway again in mid-March.
The US Department of Commerce has announced its preliminary determination that methionine imports from France, Spain and Japan have been illegally dumped in the US.
A combination of supply chain events have created more volatility and higher additive prices; they range from the extended spring holidays in China, costly grains, sugar and oil, as well as dysfunctional freight markets and lockdowns in Hebei, Hubei,...
Preliminary data from Swiss feed additive price watchers, Kemiex, for the current year suggests significant price volatility for the majority of products, with amino acids in particular posting higher price fluctuations than in 2019.
German specialty chemicals company, Evonik, is set to manage all its DL-methionine production from three hubs in Europe, Americas and Asia to maximize economies of scale.
China’s commerce ministry (MOFCOM) has ended its anti-dumping investigation against imports of methionine originating in Singapore, Malaysia and Japan, and will not be implementing tariffs on such imports.
The US International Trade Commission (USITC) shared its preliminary findings that there is reasonable indication that the US methionine industry has been materially injured by imports sold by France, Japan, and Spain at “less than fair value”.
Feed additive markets are comparably quiet given that it is the holiday period, but there have been a few notable developments of late, said Kemiex, a trading platform for raw materials used in the feed, food, vet and pharma industries.
Novus International has filed antidumping petitions with the US Department of Commerce and International Trade Commission requesting that the agencies investigate imports of methionine from Spain, France and Japan, consistent with the WTO Antidumping...
The Ministry of Commerce of the People's Republic of China (MOFCOM) has extended the investigation period of its methionine anti-dumping case against imports of methionine originating in Singapore, Malaysia and Japan by six months, reported Evonik....
Evonik has declared a force majeure for its DL-methionine production in Antwerp, Belgium, temporarily shutting down production of that amino acid there, following an outage in terms of hydrocyanic acid (HCN) supply.
Evonik has opened its second facility for methionine production in Singapore; the new plant on Jurong Island has seen investment of more than half a billion euros and the creation of 100 additional jobs.
