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Evonik to Invest €500 Million for Methionine Plant in Singapore

10:15 AM MST | January 9, 2012

Evonik Industries says it will invest €500 million ($641 million) to construct a previously announced methionine complex at Jurong Island, Singapore. The project is Evonik’s largest chemical investment, the company says. The methionine complex will have a production capacity of 150,000 m.t./year and it is expected to become operational in the second half of 2014. The investment is intended to strengthen Evonik’s business in essential amino acids for animal nutrition. The complex will be backward-integrated. It will make methionine, which is in...

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