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Tag: ADM

ADM launches women-led plant-based Knwble Grwn line, nominates Dr. Brabander to board 

USA- Global commodity trader and processing company, ADM has launched a plant-based food ingredient line, Knwble Grwn, produced with regenerative agricultural practices by underrepresented farmers and led by a women-based team at ADM. ADM unveiled this brand at the Natural Products Expo West, held March 7-11 in Anaheim, explaining that the line will complement sustainability initiatives by advancing regenerative agricultural…

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ADM and Marel partner to increase alternative protein capabilities

NETHERLANDS- Chicago-based ADM has entered into a joint venture agreement with Marel, a leading provider of advanced food processing solutions, to build an innovation center to enhance the production of alternative proteins.  The innovation center will be at the heart of the Netherlands food valley at the Wageningen Campus and is set to open in the second half of 2024,…

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ADM to close 140-year Texas flour mills in portfolio optimization exercise

USA- Chicago-based Archer-Daniels-Midland Company (ADM) has announced plans to halt operations at their New Braunfels, Texas, flour mill by the end of March 2023. Formerly known as H. Dittlinger Roller Mills Co., the historic flour mill in New Braunfels, Texas has been in operation for the last 140 years. The mill, which has 6,000 cwts of daily milling capacity, has…

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ADM reports 60% jump in full-year profits, forecasts strong crush margins and high demand in 2023

USA- Archer-Daniels-Midland Co, (ADM), a major U.S. grains merchant, has posted an  annual net income profit of US$4.34 billion, a record 60% jump when compared to the same period last year.   The Chicago Illinois-based company ascribed the record growth in profits to robust soy crushing margins and hefty global demand for crops in Q2 that ended Dec 31, 2022.…

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Ynsect partners ADM, Corporativo Kosmos in US$106m North American expansion drive

NORTH AMERICA – Ynsect, a France-based insect protein company, is on a North American charm offensive to woo more North Americans into embracing insect-based foods into their diets. The company has kickstarted the process by unveiling plans to invest US$106.57 million in building insect ingredient production sites in the United States and in Mexico Construction will begin by late 2023 and…

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