Tag: ADM

ADM joins forces with LG Chem to develop sustainable tech for superabsorbent polymers

Food Business Africa

USA – Archer Daniels Midland (ADM) Company and LG Chem have announced a joint development agreement to create biobased acrylic acid, a foundational element required in the manufacture of superabsorbent polymers (SAP). Under the terms […]

Glencore joins global agriculture commodity trade modernization initiative

Food Business Africa

USA – Global agribusiness company, Glencore Agriculture has joined other major partners in industry-wide initiative to modernize global agricultural commodity trade operations. The initiative now comprises of six agricultural commodity trade giants including Archer Daniels […]

Marfrig partners with ADM to make plant-based burgers in Brazil

Food Business Africa

BRAZIL – Brazilian beef producer Marfrig Global Foods SA, has reached an agreement with Archer Daniels Midland (ADM) for the production and sale of plant-based protein products in Brazil. Under the agreement, the US based […]

ADM reports 41.3% decline in Q2 profit amid amid challenging operating conditions

Food Business Africa

USA – Archer Daniels Midland Co (ADM), a global grain trader and food processor, reported a 41.3% decline in adjusted profit for the second-quarter ending 30th June 2019 attributed to challenging industry conditions experienced during […]

ADM names new President of North America Flour Milling

Food Business Africa

USA – The global agribusiness giant, Archer Daniels Midland Company has named Kevin Like president, North America Flour Milling. In this role, he will oversee all aspects of the company’s flour milling businesses in the […]

ADM and Cargill agree to sell grain elevators in the US

Food Business Africa

USA – Multinational grain merchants, Cargill and Archer Daniels Midland Co. (ADM) have agreed to exchange ownership of some of their grain facilities in the US Midwest, a Reuters report reveals. The deal whose financial […]

ADM combines origination and oilseeds businesses to accelerate growth

Food Business Africa

USA – Archer Daniels Midland Company (ADM) has announced the creation of a new business unit called Ag Services & Oilseeds, which combines ADM’s Origination and Oilseed business operations in a bid to accelerate growth […]

ADM Milling receives workplace awareness and safety award

Food Business Africa

USA – ADM Milling has received recognition from two professional milling and baking industry associations for promoting workplace safety awareness in the year 2018. 42 ADM milling locations were honored by the American Bakers Association […]

ADM elects new director to its board, declares cash dividend

Food Business Africa

USA – Archer Daniels Midland Company (ADM) has announced the election of its board of directors, including new director Dr. Lei Zhang Schlitz at its 96th Annual Stockholders’ Meeting. Dr. Schlitz has held a series […]

ADM reports 40% dip in net earnings in Q1 as it restructures to drive growth

Food Business Africa

USA – Archer Daniels Midland (ADM) Company has reported a 40% decline in net earnings in the first quarter impacted by severe weather conditions in North America. The company began a series of accelerated business […]