Evonik Industries has begun construction of a new plant to produce Mepron® in Mobile (Alabama, USA). Mepron® is a special Evonik formulation of the amino acid methionine that is used in dairy cow nutrition. A special coating protects the amino acid from undesired degradation in the rumen. The new plant is scheduled for completion in the second half of 2015. The investment is in the low double-digit-million-euro range.
Evonik Executive Board member and Chief Operating Officer Patrik Wohlhauser explains, "The investment strengthens our position as the world's leading supplier of amino acids. We continue our strategy of offering amino acids also for special applications in addition to MetAMINO®, which is used mainly in poultry and pig feed. This opens up new growth opportunities for our amino acid business."
"The new plant for Mepron® will give us a direct presence in the important US dairy cow market," says Dr. Reiner Beste, Head of Evonik's Health & Nutrition Business Unit. The USA, which has the world's largest number of high yielding dairy cows, is the most important sales region for Mepron®. A similar potential exists in the European Union. The United States are responsible for about 12.5 percent of the global milk production.
"Our intention is to turn Evonik into one of the world's most innovative companies," affirmed Klaus Engel, the Chairman of the Executive Board, at today's R&D press conference in Wesseling. "Innovations are a key element of our growth strategy," noted Engel, who went on to announce continue ... more
Evonik strengthens its technology platform for specialty silicones with a global investment initiative. Overall, Evonik plans to invest a triple-digit-million-euro amount in the coming years and gradually increase the production volume of specialty silicones. "Evonik is one of the world's l ... more
Evonik Industries AG, Essen (Germany) intends to strengthen its global catalysts business. On March 11, 2015, Evonik has signed an agreement with Monarch Catalyst Pvt. Ltd., Dombivli (India) to acquire 100% of the company’s shares. The transaction is expected to close during the first half ... more
Evonik Carbon Black GmbH is the world's second-largest producer of carbon black. The products are used mainly as reinforcing fillers in the rubber industry (for tires and industrial rubber goods) and as pigment blacks in, for example, plastics, specialty coatings, and colorants. more