Chicago, IL and Seoul, South Korea—LG Chem and ADM have signed a memorandum of understanding (MoU) to explore U.S.-based production of lactic acid to meet growing demand for a wide variety of plant-based products, including bioplastics. “Consumers today are increasingly prioritizing environmentally-friendly, responsibly-produced products when they make buying decisions,” said...
Chicago, IL—ADM is taking note of what consumers want: The company has listed 5 consumer behaviors reshaping food, beverage, and supplement innovation, and has announced that it has achieved net carbon neutral status for its U.S. flour milling corporations, helping to satisfy consumer desire for sustainable products. Looking at consumer...
Chicago, IL—ADM has reached an agreement to acquire Sojaprotein, a European provider of non-GMO soy ingredients. “This agreement testifies to the sustainable business models that MK Group is implementing, as an investment company with a diversified portfolio of value-added industries in Southeastern Europe,” said Aleksandar Kostić, vice president of MK...
Singapore—ADM has opened a new cutting-edge, plant-based innovation lab, according to a press release, located in ADM’s Biopolis research hub in Singapore. The lab is intended to develop next-level, on-trend, nutritious products to meet growing food and beverage demand in the Asia-Pacific region. The new facility features a combination of...
Chicago, IL—ADM has reported its fourth quarter results, and has affirmed its earnings growth expectation for 2021. “I want to thank our team, which performed exceptionally well during truly unprecedented times to deliver four straight quarters of year-over-year adjusted segment operating profit growth in 2020, along with solid returns and...
Chicago, IL—ADM has been named a winner in the 2021 BIG Innovation Awards presented by the Business Intelligence Group, according to a press release from ADM. The company’s probiotic strain Bifidobacterium lactis (BPL1) was featured among the winning products in the food and beverage category. Nominations were judged by a...
Chicago, IL—ADM has released its top five trends that will impact the food and beverage industry in 2021. The trends are based in part on research from ADM’s OutsideVoice consumer insights platform, a press release says, and take into account behavioral and societal changes that have emerged since the beginning...
ADM has launched three products: Arcon T textured pea proteins, Prolite MeatTEX textured wheat protein, and Prolite MeatXT non-textured wheat protein. The products are designed to improve the texture and density of meat alternatives, and are useful for achieving consumer-preferred, meat-like texture, the company claims. 77 West Wacker Dr., Ste.
Chicago, IL—3BL Media has named ADM to its annual 100 Best Corporate Citizens ranking, recognizing outstanding environmental, social, and governance (ESG) transparency and performance among the 1,000 largest U.S. public companies, according to a press release. The ranking is based on 141 ESG transparency and performance factors in eight pillars:...
València, Spain—ADM and Hospital de Sagunto have announced a partnership for a clinical trial into the effects of using a food supplement containing live microbial strains to promote gut microbiome balance and help improve health functions related to outcomes for COVID-19 patients in high-risk groups, according to a press release.
