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Evonik Industries to commission several plants next year

12:53 PM MST | December 19, 2013 | Natasha Alperowicz

Evonik Industries says it will, next year, bring onstream €1 billion ($1.4 billion) in investments in high-growth emerging markets. These include four large-scale production facilities. A 150,000-m.t./year DL-methionine plant will be completed in Singapore in the third quarter of 2014 at a cost of €500 million. The facility will supply the animal feed industry. Evonik is, at the same time, ramping up its global feed amino acid Biolys capacity to almost 500,000 m.t./year by 2015.   Meanwhile, at Shanghai, the company plans to start up facilities for...

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