DECATUR, Ill., May 1, 2014 – Archer Daniels Midland Company (NYSE: ADM) today announced plans to significantly expand its production capacity of non-genetically modified (non-GMO) lecithin by expanding capacity at its soybean processing facility in Latur, India and adding new rapeseed processing capabilities to its existing facility in Hamburg, Germany.Lecithin is an emulsifier that is used in a wide variety of food processing applications including bakery, confectionary, chocolate, and as a release agent in several food systems. ADM currently offers non-GMO lecithin, but this expansion will complement ADM’s current North American production and allow ADM to produce non-GMO lecithin locally for customers in Europe and Asia.
“Our customers are seeing increasing consumer demand for non-GMO ingredients,” said Dan Larson, vice president, Lecithin for ADM Foods & Wellness. “This investment shows ADM’s commitment to meeting our customer’s evolving ingredient demands in a very dynamic marketplace.”
“In addition to helping our customers meet current consumer demands, this effort demonstrates the prevalent market focus of the Foods & Wellness group at ADM,” said Bruce Bennett, vice president, ADM Foods & Wellness. “It also adds a new dimension to our value proposition in the lecithin market and provides a good foundation for future growth in the non-GMO specialty ingredient segment.”
About ADM’s Foods & Wellness group
ADM’s Foods & Wellness group offers a range of innovative specialty ingredients and products for the beverage, meat, snack, bakery, cereal, wellness and personal care markets. As a global market leader in food-grade proteins, ADM’s Foods & Wellness group also manufactures numerous health and nutrition products, lecithin, acidulants, hydrocolloids and polyols.
Archer Daniels Midland Company