Archer Daniels Midland Company will release financial results for the first quarter of 2018 before the market opens on Tuesday, May 1, 2018. The company will host a webcast at 8 a.m. Central Time to discuss financial results and provide a company update. A slide presentation will be available for download approximately 60 minutes prior to the webcast. To listen to the webcast or to download the slide presentation, go to [...]
Archer Daniels Midland Company today announced that its Board of Directors has nominated Michael S. Burke to stand for election to the board at the company’s upcoming annual shareholders’ meeting on May 3, 2018. Burke is chairman and CEO of AECOM, which designs, builds, finances and operates infrastructure assets in more than 150 countries. Prior to his current position, Burke served as AECOM’s senior [...]
Archer Daniels Midland Company today announced the realignment of its business segments across four units – Carbohydrate Solutions, Nutrition, Oilseeds and Origination. The new segments better reflect ADM’s operating structure and will enable the company to further highlight the differentiation of its product and service offerings and enhance its ability to respond to the evolving needs of customers [...]
Archer Daniels Midland Company today announced an agreement to acquire a 50 percent equity stake in the sweeteners and starches business of Russia-based Aston Foods and Food Ingredients. “ADM has substantially added to our global sweeteners and starches capabilities with acquisitions serving the European Union, Middle East and North Africa markets, and now we are expanding to serve the growing Russian food and [...]
Archer Daniels Midland Company and Cargill have reached agreement to launch a joint venture to provide soybean meal and oil for customers in Egypt. The joint venture would own and operate the National Vegetable Oil Company soy crush facility in Borg Al-Arab along with related commercial and functional activities, including a separate Switzerland-based merchandising operation that would supply soybeans to the crush plant [...]
Archer Daniels Midland Company’s Board of Directors has declared a cash dividend of 33.5 cents per share on the company’s common stock, a 4.7 percent increase from last quarter’s dividend of 32 cents per share. The dividend is payable on March 13, 2018, to shareholders of record on Feb. 20, 2018. This is ADM’s 345th consecutive quarterly payment, a record of 86 years of uninterrupted dividends. As [...]
Archer Daniels Midland Company today reported financial results for the quarter ended December 31, 2017. “We ended 2017 with a solid fourth quarter. We pulled the levers under our control—including cost and capital initiatives and interventions throughout the year—to deliver value for shareholders,” said ADM Chairman and CEO Juan Luciano. “I am also proud that our more than 31,000 colleagues [...]
Archer Daniels Midland Company has been recognized as an Industry Mover in The Sustainability Yearbook 2018, an annual publication that showcases the sustainability performance of the world’s largest companies. The Yearbook is published by RobecoSAM, an investment specialist that has focused exclusively on sustainability investing for more than 22 years. This year, RobecoSAM analyzed the corporate sustainability [...]
Archer Daniels Midland Company today celebrated the opening of a cutting-edge flavor and ingredient creation, application, development and customer innovation center at the Biopolis research hub in Singapore. The opening of the 8,900-square foot space was announced at a dedication and ribbon cutting ceremony with the Singapore Economic Development Board . “Consumer tastes and preferences are changing, as people look [...]
Archer Daniels Midland Company was named one of the world’s most admired companies in the food production industry by Fortune magazine for the tenth year in a row. For 2018, Fortune’s annual list of the “World’s Most Admired Companies” ranked companies in 52 major industries. “This honor is a true testament to the hard work and dedication of our more than 32,000 employees worldwide, and [...]
Archer Daniels Midland Company and Qingdao Vland Biotech Group Co., Ltd. today announced a joint development agreement for the development and commercialization of enzymes for animal feed applications. In addition to ADM’s research center in Decatur, Illinois, ADM will open a new U.S. enzyme research and development lab in California that will directly support activities being undertaken in the joint development [...]
Archer Daniels Midland Company will release financial results for the fourth quarter of 2017 before the market opens on Tuesday, Feb. 6, 2018. The company will host a webcast at 8 a.m. Central Time to discuss financial results and provide a company update. A slide presentation will be available for download approximately 60 minutes prior to the webcast. To listen to the webcast or to download the slide presentation, go to [...]
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