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ADM cuts biodiesel output as industry hit by weak margins

2015-02-25 21:53:41| Agriculture - Topix.net

Archer Daniels Midland , one of the world's top biofuels producers, has slowed North American biodiesel output, the latest sign the industry is battling uncertainty over U.S. renewable fuel policy while the oil rout curbs demand. The Chicago-based agri business has "temporarily" shifted production at its Velva, North Dakota, oilseeds processing facility from biodiesel to other products and cut production at its other North American facilities, ADM spokeswoman Jackie Anderson said in an emailed statement.

Tags: industry hit output weak

 

Cargill chocolate deal with ADM gets antitrust scrutiny in Europe

2015-02-24 16:18:32| Food - Topix.net

The European Commission is opening a probe into Cargill Inc.'s acquisition of Archer Daniels Midland Co.' s chocolate business, as chocolatiers raise concerns about higher prices.

Tags: europe deal chocolate adm

 
 

UPDATE 1-EU probes Cargill's plan to buy ADM chocolate unit

2015-02-24 05:34:56| Agriculture - Topix.net

The European Commission said on Monday it had opened an in-depth investigation into Cargill Inc's planned acquisition of Archer Daniels Midland Co's chocolate business, citing concerns the deal could lead to higher prices. The EU executive said it had until July 8 to investigate Cargill's planned $440 million acquisition, designed to expand the commodity trader's production capacity in North America.

Tags: buy plan update unit

 

Cargill purchase of ADM chocolate business subject of EU query

2015-02-23 19:55:58| Agriculture - Topix.net

European Union authorities said they had opened an in-depth investigation into Cargill's $440 million purchase of the chocolate business of Archer Daniels Midland amid concerns the deal could lead to higher prices.

Tags: business subject purchase query

 

Cargill purchase of ADM chocolate business subject of EU query

2015-02-23 19:17:10| Food - Topix.net

European Union authorities said they had opened an in-depth investigation into Cargill's $440 million purchase of the chocolate business of Archer Daniels Midland amid concerns the deal could lead to higher prices.

Tags: business subject purchase query

 

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