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News Breaks
June 11, 2014
17:01 EDTADMArcher Daniels expands presence in Asia-Pacific
Archer Daniels Midland announced actions to align its investments and organization to better serve growing demand for its products across Asia-Pacific. “As populations and incomes across Asia continue to rise, diets are evolving. With that shift comes an increase in demand for crops and other products from agriculture. For decades, ADM has connected the world’s harvest with the Asian market,” said ADM Chairman and CEO Patricia Woertz. “Now, we’re taking a series of actions to enhance our ability to efficiently serve that growing demand. As we previously announced, we’re investing to grow our food and feed production with the addition of two production facilities in China. We’re also making enhancements to our ports and logistics coordination throughout the Asia-Pacific region, and we’re adding and aligning talent to support growth. Together, these actions will strengthen our ability to serve our customers in the region and improve coordination between our operations within Asia and around the globe.”
News For ADM From The Last 14 Days
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May 26, 2015
07:07 EDTADMArcher Daniels receives inquiries about egg substitutes, Reuters reports
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May 25, 2015
19:41 EDTADMArcher Daniels shrinks sugar trading business, Reuters says
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May 21, 2015
12:41 EDTADMArcher Daniels announces expansion of Argentinian export facilities
Archer Daniels announced that it is investing in substantial improvements and expansions to its port facilities in Puerto San Martin in the Argentine state of Santa Fe, enhancing the company’s capability to export grain and other agricultural products from the region. The improvements, which will include the construction of a new berth for barge discharge and the addition of storage capacity, are expected to be complete by early 2016. The current export facilities in Puerto San Martin have an annual throughput of approximately 2M metric tons. The improvements will increase annual capacity by 25%, to 2.5M tons, allowing ADM to reduce its reliance on third-party facilities, which today are limiting the company’s ability to export increasing volumes from Paraguay.
12:33 EDTADMArcher Daniels can grow medium term earnings to $4.50, CEO Luciano says
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07:14 EDTADMBMO Capital to hold a conference
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May 17, 2015
19:06 EDTADMArcher Daniels acquires Meiweiyuan Biotechnology
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May 14, 2015
08:19 EDTADMSenate Agriculture Committee to hold a hearing
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