Sweetener facility will serve Chinese food and beverage industry demand for high-quality ingredients
TIANJIN, China--(BUSINESS WIRE)--Today, Archer Daniels Midland Company (NYSE: ADM) officially opened the
sweetener-manufacturing portion of its integrated food manufacturing
complex with a ribbon-cutting ceremony at the port of Tianjin in North
China, on the Yellow Sea.
When complete next year, the complex—ADM’s first wholly owned
food-ingredient production facility in China—will also have the ability
to produce soluble fiber, which is used to add dietary fiber to a wide
range of food and beverage products.
“With demand for sweeteners and soluble fiber growing, we recognize that
our customers need to source high-quality products from a trusted and
reliable partner,” said Ismael Roig, ADM vice president and president,
Roig noted that expansion in high-growth regions like China is an
important part of ADM’s strategy to improve returns and reduce earnings
volatility. And, he added, the facility also will help ADM serve the
country’s needs for a safe, secure and sustainable food supply,
consistent with the national priorities set forth in China’s fifth
Roig said that the Tianjin site’s ready access to rail and water
transportation and to raw-material supplies will allow it to be
seamlessly integrated into ADM’s global origination and transportation
network. And, its location near large urban demand centers will enable
the company to efficiently serve the needs of customers in China and
throughout the Asia-Pacific region.
ADM began operations in China in 1995, when the company acquired an
animal feed premix plant in Dalian, in the country’s northeast. In
recent years, ADM has grown to become one of the top exporters of grain
to Asia, and the company markets an extensive range of food ingredients
and animal feeds and feed premixes through its network of sales offices
located throughout the Asia-Pacific region.
Some of the above statements constitute forward-looking statements.
ADM’s filings with the SEC provide detailed information on such
statements and risks, and should be consulted along with this release.
To the extent permitted under applicable law, ADM assumes no obligation
to update any forward-looking statements.
For more than a century, the people of Archer Daniels Midland Company
(NYSE: ADM) have transformed crops into products that serve the vital
needs of a growing world. Today, we’re one of the world’s largest
agricultural processors and food ingredient providers, with more than
33,000 employees serving customers in more than 140 countries. With a
global value chain that includes more than 470 crop procurement
locations, 285 ingredient manufacturing facilities, 40 innovation
centers and the world’s premier crop transportation network, we connect
the harvest to the home, making products for food, animal feed, chemical
and energy uses. Learn more at www.adm.com.
Archer Daniels Midland Company
Jackie Anderson, 217-424-5413