Make your products visible globally with Elite Membership.
I agree to the terms and conditions
Existing User?
Sign In with Email
Remember Me Forgot Password?
New User?
Enter your registered Email ID to get reset password.
Elite Member
Individual Register
CHICAGO, US: Archer Daniels Midland Company (ADM) said that it has reached an agreement to sell its oilseeds operations in Bolivia (South America) to Inversiones Piuranas SA. The sale includes ADM’s processing facility in Santa Cruz de la Sierra, as well as nine-grain silos and ADM’s Bolivian distribution business.
ADM’s oilseeds operations in Bolivia process soybeans and sunflower into oils and protein meal. ADM has approximately 400 employees in Bolivia.
The transaction is expected to close in the first half of 2018; until then, ADM will continue to operate its oilseeds business in Bolivia.
“We regularly review our portfolio, and the sale of our Bolivian Oilseeds operations is part of our long-term growth and transformation strategy,” said Greg Morris, president of ADM’s oilseeds processing business unit.
© Worldofchemicals News
Login
LEVERKUSEN, GERMANY: Covestro AG said that it will continue production in Tarragona (Spain) beyond 2020. The company will invest around €200 mill ...
MUNICH, GERMANY: Clariant International Ltd has signed an agreement with Xuzhou HaiDing Chemical Technology Co Ltd, to develop a custom-built Catofin ...
LUDWIGSHAFEN, GERMANY: BASF SE and LetterOne Group have signed a letter of intent to merge their respective oil and gas businesses in a joint venture ...
THE WOODLANDS, US: Chicago Bridge & Iron Company (CBI) has been awarded a contract for more than $95 million by Saudi Aramco Shell Refinery (SASRE ...
ST PAUL, US: 3M Company and 3M Innovative Properties Co have filed a patent infringement lawsuit in federal district court in Wilmington, Delaware aga ...
PARIS, FRANCE/ SEOUL, SOUTH KOREA: Hanwha Total Petrochemical, a 50:50 joint venture between Hanwha Group and Total SA said that it will invest more t ...
Stay updated with the latest chemical industry trends and innovations.