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ADM Moving Away From Ethanol, High Fructose Corn Syrup
2015-05-27 00:13:35| Agriculture - Topix.net
Archer Daniels Midland is shifting toward new uses for corn in light of lagging demand for two of its most prominent products. Ethanol - which is dealing with rising vehicle fuel efficiency and stagnant gasoline blending requirements - primarily contributed to a steep drop in the Chicago-based agribusiness giant's first-quarter corn profits.
ADM scaling back global sugar trading - sources
2015-05-26 08:45:51| Sugar Industry News
LONDON, May 22 (Reuters) - U.S. agribusiness Archer Daniels Midland Co is scaling back its modest-sized sugar trading operations and the London-based head of that business has left after less than four years, trade sources said, a sign of the sugar market's deepening woes.
Tags: back
global
sources
trading
As ethanol boom fades, ADM sees bright future for corn in grocery aisle
2015-05-23 14:40:59| Agriculture - Topix.net
May 22 The world's largest corn processor, Archer Daniels Midland Co, is shifting focus from its long-standing cash generator ethanol into developing new food ingredients as the biofuel boom that underpinned its financial success has cooled. The shift could be one of the most transformative moves ever made by 113-year-old ADM, triggered by signs of strain in its legacy products.
Tags: future
grocery
bright
sees
One month after $20,000 contribution from ADM, Burke keeps E-15 ordinance alive
2015-05-22 05:17:02| Agriculture - Topix.net
One month after receiving a $20,000 contribution from one of the world's largest producers of ethanol, Chicago's most powerful alderman on Wednesday breathed new life into his plan to require Chicago gas stations to offer motorists a higher ethanol blend of fuel known as E-15. At the start of every new term of the City Council, aldermen approve a resolution that kills all pending legislation from the old Council.
Tags: month
contribution
alive
burke
ADM expands sweetener operations in China
2015-05-18 14:03:51| Food - Topix.net
Archer Daniels Midland Company announced today that it has reached an agreement to purchase Meiweiyuan Biotechnology Co., a privately held sweetener manufacturer near the city of Wuhan, in the central Chinese province of Hubei. "This acquisition helps further expand our footprint in regions with growing demand for our products," said Chris Cuddy, president of ADM's Corn Processing business.
Tags: china
operations
adm
expands
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