Agribusiness group ADM Sets Foot in MENA with Sweetener plant
Posted on : 13 Mar, 2017
USA’s Archer Daniels Midland Company (ADM) is all set to expand into the lucrative sweetener and starch market in the MENA region when it started operations at its Casablanca’s sweetener plant last year.
The venture started off early in 2016 when ADM acquired the Casablanca corn wet mill plant from Tate & Lyle (TATE.L). The plant produces glucose and native starch.
The plant is already an established sweetener and starch supplier in Morocco – with further hopes of growth. Via this plant, ADM plans to serve the Moroccan customers as well as gain access to the vast Mediterranean export markets. This expansion also allows ADM to introduce its wide range of food and feed ingredients to the Moroccan market.
Being one of world’s largest agricultural processors and food ingredient providers – ADM has 428 crop procurement locations, 280 ingredient manufacturing facilities, 39 innovation centers.
More about starch and food manufacturing activities in MENA will be discussed at 2nd Starch World Dubai on 27-28 March, 2017 in Dubai.
Find out more from Ms. Huiyan at email@example.com or call +65 6346 9113.