ADM Expands Presence in Asia-Pacific to Serve Growing Market
Series of new facilities, offices and appointments positions regional business
for continued growth
DECATUR, Ill. -- June 11, 2014
Archer Daniels Midland Company (NYSE: ADM) today 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
“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.”
Investing to Grow Asian Operations
Last month, ADM announced that the company is building a sweetener and
soluble-fiber manufacturing complex at the port of Tianjin in North China to
help meet growing demand in China and Asia for high-quality food ingredients
that can serve a wide variety of needs. The sweetener facility is expected to
be fully operational in early 2015, with the soluble fiber facility
operational in the second half of 2015.
ADM announced last fall that the company is constructing a facility in Nanjing
to produce animal feed premix that can be added to animal rations to promote
good health and optimal growth. Such premix formulas typically contain
vitamins and minerals, amino acids such as lysine and threonine, and other
ingredients. The facility is scheduled to begin operations in mid-2015 and
will complement ADM’s existing feed premix plants in Dalian and Tianjin.
Through its acquisition of the remaining stake in Toepfer, ADM will strengthen
its merchandising operations in Asia-Pacific. The combined ADM and Toepfer
team in the region merchandises more than $14 billion in commodities annually.
As part of the companywide effort to grow sales of higher-value products, ADM
is adding specialty ingredients sales offices in Indonesia, Philippines,
Thailand, Korea and Vietnam. The company already has specialty ingredients
sales teams in Singapore, Australia, Japan and China.
Aligning the Organization to Support Growth
ADM will centralize coordination of its activities throughout Asia-Pacific by
moving its regional headquarters from Shanghai to Singapore, which is the hub
of the company’s regional merchandising operations. Ismael Roig, president,
ADM Asia-Pacific, will have offices in both Singapore and Shanghai.
ADM will hire a new president of ADM China. The position will report to Roig,
be based in Shanghai, and focus on growing ADM’s sweetener portfolio and feed
business in China.
Collin Benson has been named president, ADM Australia and New Zealand. He
replaces Bill Fitzgibbon, who is retiring as operations director of ADM’s
Sydney office after 16 years of service growing ADM’s food and feed
ingredients business. Benson will be based in Sydney and will continue to
oversee ADM’s business in Japan and Korea. He brings 19 years of experience in
grain merchandising and in food- and feed-ingredient sales. For the last six
years, he served as president of ADM Japan. He will work to grow ADM’s
operations in Australia and New Zealand. Benson will lead the integration of
the Adelaide-based Toepfer business—among Australia’s top five agricultural
commodity exporters—with ADM’s Sydney-based food and feed ingredients
business. Benson will report to Roig.
As part of an effort to strengthen ADM’s ports, merchandising and logistics
across the region, Nigel Hart will join ADM as director, Asia-Pacific Ports
and Storage Development. Hart brings 15 years of experience in corporate
development and grain logistics, storage and merchandising, most recently with
GrainCorp Limited. Based in Sydney, he will support the growth of ADM’s port,
logistics and storage capabilities throughout Asia-Pacific. Hart will report
Tim Henry, general manager, Toepfer Australia, will lead ADM’s Australian
grain merchandising operations as they become part of ADM’s global
Agricultural Services business. Henry has led the Australian Toepfer business
since 2011, having joined Toepfer in Singapore in 2008. He has more than 15
years’ experience in grain merchandising.
To support growth across the company’s various businesses, ADM has appointed
Kristina Hermanson director, Business Development for Southeast Asia.
Hermanson has been with ADM since 2007 and brings to the role more than 10
years of commercial, business-development, project-management and integration
experience. Hermanson will report to Roig.
ADM in Asia-Pacific
ADM is one of the top exporters of agricultural commodities to Asia-Pacific
and markets an extensive range of food ingredients and animal feeds and feed
premixes through its network of sales offices located throughout the region.
ADM also holds a 16.8 percent stake in Asian agribusiness Wilmar International
Limited and a 19.85 percent stake in Australian agribusiness GrainCorp
ADM in China
Since its entrance into the Chinese market in 1994, ADM has grown to become a
significant supplier of China’s rising demand for corn, oilseeds and food and
feed ingredients. Today, ADM employs more than 300 people in China.
In 1995, ADM began operating an animal-feed premix plant in Dalian. It has
since added another feed-premix plant in Tianjin and is constructing a third
in Nanjing. In 2005, ADM opened a commercial office in Shanghai to serve the
Chinese market for specialty food ingredients such as lecithin, xanthan gum,
acidulants, vitamin E and cocoa products. ADM is currently building a
sweetener and soluble-fiber manufacturing complex at the port of Tianjin. The
complex is ADM’s first wholly owned food-ingredient production facility in
ADM in Australia
In Australia, ADM serves the markets for specialty-food and -feed ingredients
as well as industrial products. ADM is a leading provider of amino acids for
feed applications and of cocoa and lecithin for food products. ADM’s Toepfer
business markets wheat, barley and canola across Australia. The company is
among Australia’s top five domestic grain merchandisers and among the top five
agricultural commodity exporters.
For more than a century, the people of Archer Daniels Midland Company (NYSE:
ADM) have transformed crops into products that serve vital needs. Today,
31,000 ADM employees around the globe convert oilseeds, corn, wheat and cocoa
into products for food, animal feed, industrial and energy uses. With more
than 270 processing plants, 470 crop procurement facilities, and the world’s
premier crop transportation network, ADM helps connect the harvest to the home
in more than 140 countries. For more information about ADM and its products,
Archer Daniels Midland Company
Press spacebar to pause and continue. Press esc to stop.