ADM Opens First Phase of Integrated Food-Ingredient Plant in Tianjin, China
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, Asia-Pacific.
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 12-year plan.
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