December 10, 2014

Novus to expand ALIMET capacity

Novus International, Inc. ("Novus") intends to expand its ALIMET^® methionine manufacturing capacity in the United States Gulf Coast region.

The planned capacity expansion builds on Novus's current ALIMET production capacity of 320 KT per year and is planned to add another 120 KT per year by 2020. New methionine capacity will be needed as the projected global demand is forecasted to outpace planned increases in production capacity.

Sources of methionine are essential to meat, milk, and egg production, and to the efficient use of feedgrains in balanced diets for maximised production. The ALIMET^® feed supplement provides a methionine source for livestock in the form of HMTBa. The supplement has demonstrated proven performance in poultry, swine, cattle and aquaculture diet applications.

The company is committed to supporting its customer base as worldwide methionine demand grows. The Novus engineering team is engaged in selecting the site which is planned to be in the United States Gulf Coast region because of the advantages associated with logistics and cost effective sourcing of raw materials from the industry base supported by North American shale developments.