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Xinhe Chengda: Recent Methionine Market Prices Rise, Company Will Continue to Optimize Production and Market Layout
People’s Financial News, March 20 — Xihe Cheng recently stated at a strategy meeting that the company’s current solid methionine production capacity is 370,000 tons per year, and the 180,000-ton-per-year liquid methionine (purity) project, jointly built with China Petroleum & Chemical Corporation, has officially started production. Recently, due to factors such as global supply and demand and changes in industry structure, the industry has experienced increased prosperity and rising market prices. The company will continue to optimize production and market layout to seize industry opportunities.