Wolf Carbon Solutions US LLC and ADM , a global leader in nutrition and agricultural origination and processing, today announced that they have signed a Letter of Intent paving the pathway toward further decarbonization of ADM's footprint via construction of a pipeline - developed, owned and operated by Wolf Carbon Solutions - which, together with a commercial agreement, will allow for the capture, compression and [...]
ADM , a global leader in nutrition and agricultural origination and processing, today announced that it has acquired Flavor Infusion International, S.A. , a full-range provider of flavor and specialty ingredient solutions for customers across Latin America and the Caribbean. "We're excited to open up new growth opportunities in Latin America and the Caribbean with the addition of FISA," said Vince Macciocchi, president of [...]
FINDLAY, Ohio and Marathon Petroleum Corp. and ADM today announced the closing of their joint venture to produce soybean oil to supply the rapidly growing demand for renewable diesel fuel. The joint venture, which is named Green Bison Soy Processing, LLC, will own and operate a soybean processing complex in Spiritwood, North Dakota, with ADM owning 75% of the joint venture and MPC owning 25%, as previously announced in [...]
ADM , a global leader in nutrition and agricultural origination and processing, hosted its 2021 Global Investor Day, unveiling a comprehensive plan to drive continued earnings growth to $6.00-$7.00 per share by 2025. "We delivered on the commitments we laid out at our last investor day: building a better ADM, dampening volatility of earnings and cash flows, and expanding base earnings by almost 50% from $3.00 to our new [...]
ADM today announced further details of its upcoming Global Investor Day. The event will take place on Friday, December 10. The presentation will begin at 9:00 a.m. EST, and is expected to end at approximately 12:00 p.m. Presenters will include Chairman and CEO Juan Luciano, Chief Financial Officer Ray Young, and other leaders from across the company. The event will be webcast live at www.adm.com/investorday, and [...]
ADM , a global leader in nutrition and agricultural origination and processing, today announced that it has completed its purchase of Deerland Probiotics & Enzymes. "One of the fundamental structural demand trends driving ADM's growth is consumers' increasing focus on health and well-being, with global demand for health and wellness products estimated at more than $775 billion," said Vince Macciocchi, president of ADM's [...]
ADM , a global leader in nutrition and agricultural origination and processing, and Farmers Business Network® , a global farmer-to-farmer network and AgTech company, today announced that ADM has made an equity investment as part of FBN's latest capital funding raise, and that the companies have signed a letter of intent to expand their existing relationship through a wide range of potential future areas of cooperation [...]
ADM , a global leader in nutrition and agricultural origination and processing, and Asia Sustainable Foods Platform, a company wholly-owned by Temasek and focused on accelerating the commercialization of sustainable foods in Asia, announced today that they have signed an agreement paving a path toward a 50-50 joint venture to provide technology development and precision fermentation for companies serving the growing [...]
ADM's Board of Directors has declared a cash dividend of 37.0 cents per share on the company's common stock. The dividend is payable on Dec. 8, 2021, to shareholders of record on Nov. 17, 2021. This is ADM's 360th consecutive quarterly payment, a record of 90 years of uninterrupted dividends. As of Sept. 30, 2021, there were 559,439,770 shares of ADM common stock outstanding. About ADM At ADM, we unlock the power of [...]
ADM , a global leader in nutrition and agricultural origination and processing, today announced a significant expansion of its broad portfolio of health and wellness products and solutions with an agreement to purchase U.S.-based Deerland Probiotics & Enzymes. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211102005809/en/ "The microbiome represents one of [...]
ADM today reported financial results for the quarter ended September 30, 2021. "Agile execution across our tightly integrated supply chain amid an environment of strong demand and robust crush margins, and continued impressive growth in Nutrition, drove our eighth consecutive quarter of year-over-year adjusted operating profit growth," said Chairman and CEO Juan Luciano. "Our team's great ability to leverage the favorable [...]
ADM , a global leader in nutrition and agricultural origination and processing, and Gevo, Inc., , a pioneer in transforming renewable energy into low carbon, energy-dense liquid hydrocarbons, announced today that they have signed a memorandum of understanding to support the production of sustainable aviation fuel and other low carbon-footprint hydrocarbon fuels. The MoU contemplates the production of both ethanol and [...]
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