Evonik gets biobased methionine technology | November 14, 2016 Issue - Vol. 94 Issue 45 | Chemical & Engineering News
Volume 94 Issue 45 | p. 13 | News of The Week
Issue Date: November 14, 2016

Evonik gets biobased methionine technology

German firm seeks to supplement synthetic production of animal feed amino acid
Department: Business
Keywords: agriculture, methionine, amino acid, Evonik, Metabolic Explorer

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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