ADM , a global leader in human and animal nutrition, today announced that it has reached an agreement to acquire UK-based FDL, a leading developer and producer of premium flavor and functional ingredient systems. FDL, with projected 2023 sales of approximately $120 million, operates three production facilities and two customer innovation centers, all in the United Kingdom. The company's approximately 235 colleagues, which [...]
ADM , a global leader in human and animal nutrition, today announced it is adding to its flavors capabilities with an agreement to acquire Revela Foods, a Wisconsin-based developer and manufacturer of innovative dairy flavor ingredients and solutions. Revela, with projected sales of almost $240 million in 2023, would add new capabilities to ADM's global flavors portfolio in the $1.8 billion global dairy flavors segment [...]
ADM , a global leader in sustainably sourced solutions from nature, is making a series of investments to continue to expand its broad-based business in Brazil. Crush Expansion ADM is investing to expand crush capacity at three oilseed processing facilities: Campo Grande Porto Franco Uberlandia In total, the investments are expected to add approximately 400,000 metric tons per year to ADM's crush capacity in Brazil. "We're [...]
ADM , a global leader in sustainable agriculture supply chains, today issued its inaugural annual Regenerative Agriculture Report. The report includes a broad range of detailed information on ADM's global regenerative agriculture efforts, including: How ADM defines and approaches regenerative agriculture in multiple regions around the globe The company's enrollments to date, including more than 1 million acres in 2022 and [...]
ADM, a leader in sustainable agriculture supply chains, today announced an important expansion of its global regenerative agriculture efforts with the launch of its program in Brazil. The Brazil program aims to promote and support sustainable agricultural production with a focus on soil health, biodiversity protection, improved soil fertility and resilience, and increased farm productivity. In the initial stages of the [...]
ADM and Marathon Petroleum Corp. today celebrated the opening of their joint venture soybean processing complex, Green Bison Soy Processing, with a ribbon-cutting ceremony. The Green Bison facility in Spiritwood is North Dakota's first dedicated soybean processing complex, and is a major step towards meeting increased demand for renewable fuels, in this case renewable green diesel. This press release features multimedia [...]
ADM , a global leader in human and animal nutrition, today announced Ian Pinner has been appointed Senior Vice President, President, Nutrition, and Chief Sales and Marketing Officer. Pinner succeeds Vince Macciocchi, who announced his plan to retire from ADM at the end of this year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231109051805/en/ Ian Pinner [...]
ADM , a global leader in sustainable agriculture supply chains, today issued "Farming for the Future: The State of Regenerative Agriculture Program Adoption." The comprehensive report, based on survey data from both consumers and consumer product and retail decision-makers obtained via ADM's proprietary consumer insights platform, Outside VoiceSM, builds on earlier ADM research by assessing the business drivers [...]
ADM's Board of Directors has declared a cash dividend of 45.0 cents per share on the company's common stock. The dividend is payable on Dec. 6, 2023, to shareholders of record on Nov. 15, 2023. This is ADM's 368th consecutive quarterly payment, a record of more than 92 years of uninterrupted dividends. As of Sept. 30, 2023, there were 534,813,118 shares of ADM common stock outstanding. About ADM ADM unlocks the power of [...]
Solugen, a rapidly scaling climate technology company that is reimagining the chemistry of everyday life, and ADM , a global leader in sustainable solutions, today announced a strategic partnership to scale a range of innovative, plant-based specialty chemicals and bio-based building block molecules in a new manufacturing facility in Marshall, Minnesota. This press release features multimedia. View the full release here [...]
ADM today reported financial results for the quarter ended September 30, 2023. "ADM again delivered a strong quarter in increasingly dynamic market conditions as we continued to adjust our business model to meet the evolving needs of our customers. Through targeted investments in innovation and a focus on efficiencies that align to our customers' goals, we are strengthening critical partnerships and expanding our new [...]
ADM , a global leader in sustainably-sourced solutions from nature, announced yesterday at the E.O. Wilson Biodiversity Foundation's Half-Earth Day celebration a $1 million contribution to champion research and education to better understand the world and nurture future biodiversity stewardship. The donation is being made to the E.O. Wilson Biodiversity Foundation through ADM Cares, ADM's corporate social investment [...]