Issue Date: November 14, 2016
Evonik gets biobased methionine technology
Evonik Industries, a German chemical company that is a major producer of amino acids for animal nutrition, is venturing into one of the field’s final frontiers: fermentation-based production of methionine.
Evonik has submitted a bid to acquire the methionine fermentation technology of the French biotech company Metabolic Explorer. Details weren’t disclosed, although Metabolic Explorer says the proposed price represents at least half of its market capitalization—today about $63 million—over the past two years.
Most animal-feed . . .
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