ADM Expands Food- and Feed-Ingredient Production in China
14 November 2015 - 2:00AM
Business Wire
- Tianjin plant produces Fibersol®
soluble fiber for food, beverage companies
- Nanjing feed-premix plant is company’s
third to serve China’s livestock industry
With the opening of two plants in China on two consecutive days
this week, Archer Daniels Midland Company (NYSE: ADM) has increased
its capacity to serve growing regional demand for value-added
food-ingredients and animal-nutrition products.
Earlier today, ADM CEO Juan Luciano joined government officials
and representatives from Matsutani Chemical Industry Co., Ltd., for
a ribbon-cutting ceremony in the northeastern coastal city of
Tianjin, marking the opening of a plant to produce Fibersol®
soluble dietary fiber. And on Thursday, Luciano stood alongside
officials from the eastern city of Nanjing to mark the opening of a
feed-premix plant—ADM’s third in the country.
Fibersol—sold and marketed through an ADM/Matsutani joint
venture—enables food and beverage manufacturers to increase the
fiber content of their products without impacting flavor, color or
viscosity. With the global market for soluble dietary fiber growing
at an annual rate of 13 percent, the Tianjin plant’s production
capacity of 15,000 metric tons per year will help address food
industry customers’ increasing demand.
“As more and more Chinese citizens enter the middle class, we
expect that demand for Fibersol and other value-added food
ingredients made by ADM will remain robust well into the future,”
Luciano said in remarks at today’s ribbon-cutting event.
Meanwhile, the Nanjing facility will manufacture nutritional
premixes that can be added to animal rations to promote good health
and optimal growth. Such premixes typically contain various
vitamins and minerals, amino acids such as lysine and threonine,
and other ingredients. ADM will manufacture an estimated 30,000
metric tons of premix products per year at the Nanjing facility.
The company also owns premix production facilities in Tianjin and
in Dalian, and a fourth is currently under construction in
Zhangzhou.
“As China continues transitioning from a manufacturing-driven
economy to a consumption-based economy, its middle class will
continue to expand, and meat consumption will continue to grow,”
Luciano said, noting that the U.S. Department of Agriculture has
estimated that China’s production of pork, poultry, and beef will
increase by about 30 percent by 2024. “We therefore are confident
that demand for the livestock feeds and feed ingredients we produce
will continue to increase over the course of the next decade,” he
added.
By expanding ADM’s geographic footprint in two value-added
businesses, the Fibersol and feed premix facilities advance the
strategic growth component of ADM’s framework for growing returns.
That framework also includes efforts to optimize the company’s
existing businesses and drive operational efficiencies at its
production facilities.
ADM began operations in China in the mid-1990s, 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 agricultural products 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.
About ADM
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 460
crop procurement locations, 300 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, industrial and energy uses. Learn
more at www.adm.com.
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Archer Daniels Midland CompanyMedia
RelationsJackie Andersonmedia@adm.com312-634-8484
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