Members News

ADM opens new animal nutrition lab

ROLLE, SWITZERLAND – Archer Daniels Midland (ADM) announced on Nov. 15 the opening of its new animal nutrition laboratory located in Rolle, Switzerland.

The new lab will support the development of science-based feed additives to meet customer needs for petfood, aquaculture and livestock species worldwide, the company said.

ADM said scientists in the lab will accelerate the development of innovative products to address some of the main challenges of animal production with sustainability at the forefront. For example, scientists will develop precise ...

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ADM to acquire Deerland Probiotics & Enzymes

Chicago, ILLINOIS, US — ADM has reached an agreement to acquire Kennesaw, Georgia, US-based Deerland Probiotics & Enzymes, a transaction ADM said will significantly expand its broad portfolio of health and wellness products and solutions. Financial terms of the transaction were not disclosed.

“The microbiome represents one of ADM’s six strategic growth platforms, and with global demand for health and wellness products estimated at more than $775 billion, today’s investment represents a significant step forward for ADM,” said Juan Luciano, chairman ...

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Strong gains in Ag Services and Oilseeds lift ADM quarterly profit

CHICAGO, ILLINOIS, US — Agile execution across a tightly integrated supply chain, boosted in large part by strong gains in the Ag Services and Oilseeds division, buoyed third-quarter earnings and revenues at ADM.

Net earnings at ADM totaled $526 million in the third quarter ended Sept. 30, equal to 93¢ per share on the common stock, up 134% from $225 million, or 40¢ per share, in the same period a year ago. Revenues in the quarter surged 34%, increasing to $20.34 ...

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ADM, Gevo to partner on sustainable aviation fuel

CHICAGO, ILLINOIS, US — ADM and Gevo, Inc. will work together to support the production of sustainable aviation fuel and other low carbon-footprint hydrocarbon fuels.

As part of the memorandum of understanding, ethanol and isobutanol would be transformed into renewable low carbon-footprint hydrocarbons, including SAF, using Gevo’s processing technology and capabilities.

About 900 million gallons of ethanol produced at ADM’s dry mills in Columbus, Nebraska, US; Cedar Rapids, Iowa, US; and Decatur, Illinois, US, is expected to be processed with this technology. ...

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ADM agrees to sell Peoria ethanol plant

CHICAGO, ILLINOIS, US – Archer Daniels Midland Co. (ADM) announced on Oct. 21 that it has reached an agreement to sell its ethanol production complex in Peoria, Illinois, to BioUrja Group, a Houston, Texas, US-based company.

Juan Luciano, ADM’s chief executive officer, said the sale of the Peoria facility was an important element of the strategic review of its dry mill ethanol assets.

“By reducing our ethanol capacity by 135 million gallons and redeploying the resulting capital to other strategic growth investments, ...

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Advanced renewables a trend to watch, ADM says

CHICAGO, ILLINOIS, US — Advanced renewables, plant-based lifestyles, clean and transparent sourcing, and sustainable goodness are among the eight trends ADM sees fueling current and future global growth.

Drawing on research from its Outside Voice consumer insights platform, the company’s top trends for 2022 point the way for ADM’s innovation, renovation and development platforms, the company said. Many of the trends are being shaped by the coronavirus pandemic that has lingered for the past 18 months.

“Consumers today continue to navigate a ...

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Bühler to build oat mill for Suomen Viljava

UZWIL, SWITZERLAND — Bühler will build a new oat mill from Suomen Viljava in Finland.

Installation of the mill will start in September 2022 with operations starting in 2023. In addition to groats and flakes, the mill will produce oat hulls pellets for the Baltic rim countries’ feed and biofuel markets.

“Viljava has been planning an oat mill to Rauma for a long time and we are convinced that the cooperation with Bühler in this ambitious project will support us to reach ...

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Tom Kice honored at NAMA annual meeting

BOCA RATON, FLA. – Tom Kice, retired president and chief executive officer of Kice Industries, has been elected an honorary member of the North American Millers’ Association. Mr. Kice was named an honorary member in an Oct. 8 ceremony during the NAMA annual meeting at the Boca Raton Beach Club hotel in Boca Raton.

A native of Wichita, Mr. Kice graduated in 1972 from Wichita State University with a business administration degree. He served in the Kansas Air National Guard from ...

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Bushel acquires ADM-Cargill JV GrainBridge

FARGO, NORTH DAKOTA, US — Bushel, an independently owned software technology company focused on developing solutions for the grain supply chain, has acquired GrainBridge, LLC, a joint venture owned by Chicago, Illinois, US-based ADM and Minneapolis, Minnesota, US-based Cargill. Financial terms of the transaction were not disclosed.

GrainBridge employees remain based in Omaha, Nebraska, US, and their data expertise is expected to be tapped into to further strengthen the end-to-end capabilities of the Bushel platform and enable Bushel’s customers to better ...

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ADM named to Fortune list for its protein innovations

CHICAGO, ILLINOIS, US — Archer Daniels Midland Co. (ADM) was ranked 27th on Fortune’s 2021 Change the World list, which ranks the top 50 companies making a positive impact through practices that are part of their core corporate purposes.

ADM has pioneered innovations in protein for more than seven decades, starting in the 1950s and 1960s and the invention of textured vegetable protein. The company patented it as the first plant-based meat alternative and created the world’s first soy-based patty in ...

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