Today, Archer Daniels Midland Company (NYSE: ADM) officially opened its new feed premix plant in Zhangzhou, South China with a ribbon cutting ceremony in the plant.
Built with an annual production capacity of 30,000 metric tons of feed premixes and 80,000 metric tons of complete feed and concentrates, the Zhangzhou feed plant represents the fourth in ADM’s expanding animal nutrition network in China, which consists of production facilities in Dalian, Tianjin and Nanjing, as well as a new plant under construction in central China.
“The Zhangzhou plant adds perfectly to our animal nutrition network in China,” said Hong Yang, ADM’s Asia Pacific Director for Animal Nutrition. “With operations in Zhangzhou, we are better equipped to serve our customers in the southern part of the country.”
“With the growing middle class and changing diet pattern, China’s consumer demand for animal protein will continue to grow,” said Donald Chen, ADM’s President of Asia Pacific, in his remarks at the ceremony. “We are therefore confident that demand for our quality animal nutrition products will remain strong in the next decade and this is why we continue to invest in animal nutrition business at strategical locations across China, including Zhangzhou.”
Forward-Looking Statements
Some of the above statements constitute forward-looking statements. ADM’s filings with the SEC provide detailed information on such statements and risks, and should be consulted along with this release. To the extent permitted under applicable law, ADM assumes no obligation to update any forward-looking statements.
