ADM began operations in China in 1994, through the acquisition of Jip Hong International Ltd. This acquisition gave ADM partial ownership of several processing joint ventures and a sales presence for feed products. That year, ADM also established East Ocean Oils & Grains in Zhangjiagang with COFCO and Wilmar International Limited to crush oilseeds.
Over the next 10 years, ADM and Wilmar together built joint-venture soybean processing plants in several locations in China.
In 1995, ADM constructed an animal feed pre-mix plant in Dalian to provide feeds for livestock, poultry, dairy and aquaculture. Products offered include breeder premix, swine premix, ruminant premix, layer premix, swine concentrates, vitamin blends and amino acids. ADM also opened a branch office in Tianjin, southeast of Beijing, to provide customer support and efficient delivery of feed products.
In 2005, ADM opened a trading office in Shanghai to manage the sale of specialty food ingredients such as lecithin, xanthan gum, acidulants, vitamin E and cocoa products.
In 2006, ADM announced plans to convert its direct holdings in processing joint ventures with Wilmar into shares of Wilmar stock. Today, ADM is a minority shareholder in Wilmar International Ltd.
In July of 2010, ADM made a $100 million cornerstone investment in the Agricultural Bank of China (ABC). In January of 2011, ADM opened an office in Beijing. Both are key steps to advance ADM’s strategy for profitable growth in China and throughout Asia. The investment and collaboration with ABC strengthens our relationships within China and expands our network of potential strategic partners. It also provides an important vantage point from which to identify and act on emerging opportunities.
Today, ADM employs more than 150 people in China and is a significant supplier of corn, oilseeds and food and feed ingredients.
ADM has a minority stake in two joint ventures through COFCO: East Bay Oils & Grains in East Bay, Guangzhou Province; and COFCO-ADM Heze Oils & Grains in Heze, Shandong Province. ADM also has an ownership interest in Alfred C. Toepfer International (ACTI), a global merchandiser of agricultural commodities that has branch offices in Beijing, Dalian and Shanghai.