Archive for 2017

CHICAGO, ILLINOIS, U.S. —Archer Daniels Midland Co. (ADM) has completed its acquisition of a controlling interest in Industries Centers, which will now be known as ADM Israel.

“By combining ADM’s unparalleled global network with the experience and capabilities of Industries Centers, ADM Israel offers customers in Israel unequalled service, including end-to-end supply chain management,” said Joe Taets, president of ADM’s Agricultural Services business unit. “We’re looking forward to expanding to offer both new and existing customers in Israel a wide array ...

KINGSTON, JAMAICA — Seprod Ltd. has partnered with Seaboard Corp. in an initiative that could see the companies develop a flour milling operation in Jamaica.

Richard Pandohie, chief executive officer of Seprod, told the Jamaica Observer that the companies are in the evaluation stage, trying to decide whether to acquire an international or local distribution entity or to build out a facility before the end of the year.

Tentative plans call for Seprod’s joint venture with Seaboard, known as Jamaica Grain & ...

CHICAGO, ILLINOIS, U.S. — In February one of Archer Daniels Midland Co.’s (ADM) corn processing complexes in Decatur, Illinois, U.S., was shut down twice due to a weather related power outage and a leak in one of its pipes.

“On Feb. 6, our Decatur corn processing complex suffered a weather-related power outage,” ADM said on March 24. “While working to restart the plant, we discovered a significant leak in a 72-inch pipe feeding cooling water to the mill. We shut the ...

CHICAGO, ILLINOIS, U.S. — Archer Daniels Midland Co. (ADM) board of directors has nominated Suzan F. Harrison to stand for election to the board at its upcoming annual stockholders’ meeting on May 4. Harrison, a 33-year veteran of Colgate Palmolive, is president of Global Oral Care and has served in several senior level positions at Colgate-Palmolive, including as president of Hill’s Pet Nutrition Inc. North America.

“Suzan Harrison would be a tremendous addition to ADM’s board of directors,” said Juan Luciano ...

KANSAS CITY, MISSOURI, U.S. — A proliferation of protein sources has made an impact on the food industry in recent years. Formulators may wish to do some homework on the ingredients, be they sourced from peas, beans or even algae. Is the supply of the protein source increasing? At what percentage may the ingredients be used in applications? Perhaps most importantly, how do they affect taste?

Experimenting with new protein sources may continue. The market for alternative proteins, or those beyond ...