DECATUR, Ill., Jan. 17 -- Archer Daniels Midland Company (NYSE:ADM) will convert its Spyck, Germany rapeseed crushing facility to a multi-seed crushing facility. The multi-seed crushing plant will be able to crush both rapeseed and sunseed to enhance the product portfolio offering to food oil customers.
By adding multi-seed crushing capacity, ADM will be able to expand its product offering while delivering flexible and efficient solutions to its food oil customers.
"This investment is an example of leveraging our core strengths in agricultural processing in order to create value and capitalize on changing consumer demand for food oils," said Mark Zenuk, ADM Vice President and Managing Director-Europe and Asia.
The expansion is scheduled to be complete in April 2007.
Archer Daniels Midland Company (ADM) is the world leader in BioEnergy and has a premier position in the agricultural processing value chain. ADM is one of the world's largest processors of soybeans, corn, wheat and cocoa. ADM is a leading manufacturer of biodiesel, ethanol, soybean oil and meal, corn sweeteners, flour and other value-added food and feed ingredients. Headquartered in Decatur, Illinois, ADM has over 26,000 employees, more than 240 processing plants and net sales for the fiscal year ended June 30, 2006 of $37 billion. Additional information can be found on ADM's Web site at www.admworld.com/
Source: Archer Daniels Midland Company
Senior Vice President-Corporate Affairs of ADM,
Web site: www.admworld.com/