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Archer Daniels Midland

 

ADM

Archer-Daniels-Midland is mainly engaged in procuring, transporting, processing, storing and merchandising agricultural commodities and products. ADM's operations are classified into three business units: Oilseeds Processing, Corn Processing and Agricultural Services. A new line of trans-free fats and oils is being marketed under the NovaLipid brand using enzymatic interesterification technology. ADM has begun a new product for latex paint manufacturers, Archer RC. The company entered into a joint alliance with Metabolix to produce polyhydroxy alkanoate via fermentation during the fiscal year ended June 30, 2005. Other new products include a wide range of health and nutrition products known as nutraceuticals or functional foods. ADM has also created a joint venture with Kao Corporation of Japan to manufacture and market diacylglycerol oil in America, Europe, New Zealand and Australia.

 

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