Novus, Atofina plan 68kt MMP plant in Beaumont, Texas
08 January 2002 16:26 [Source: ICIS news]
HOUSTON (CNI)--Novus International and Atofina will build a 68 000 tonne/year 3-methylthiopropionaldehyde (MMP) co-operative project at the Atofina facility in Beaumont, Texas beginning in 2003, the companies said Tuesday.
The plant, which will be owned by Novus and operated by Atofina, is expected to come on-stream in 2005.
The companies said they would not release financial details of the project.
MMP is one of the key intermediates used to manufacture Alimet feed supplement, a leading source of supplemental methionine for poultry, swine and ruminants.
The co-operative undertaking enables Novus to meet capacity projections for Alimet feed supplement as world demand for methionine grows, officials said
Thad Simons, Novus president and chief operating officer, said market demand for Alimet has intensified as global animal producers have increasingly switched from powder methionine to liquid analogue.
He added: "Thanks to the support of poultry, swine and dairy producers around the world, Alimet feed supplement has become the new standard in methionine supplementation."
Atofina is the chemical branch of the TotalFinaElf Group and the world's fifth largest chemical company. The company reported 2000 sales of $18.5bn) (Euro20.8bn) in 2000 from its three core businesses: petrochemicals and commodity polymers, intermediates and performance polymers and specialty chemicals.
Novus International is a joint venture of Mitsui & Co. Limited, Mitsui & Co. (USA) Inc. and Nippon Soda and is headquartered in St Louis, Missouri.
By: Mike Sheridan
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