Market Overview

ADM and Wilmar Receive Regulatory Approval for Partnerships

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Archer Daniels Midland (NYSE: ADM) and Wilmar International
Limited (OTC: WLMIY) today announced that they have completed regulatory
approvals for their partnerships in global fertilizer and European
vegetable oil. The two companies have also launched their partnership in
global ocean freight.

Through the three partnerships, which will be based in Rolle,
Switzerland, ADM and Wilmar will:

collaborate on purchasing and distribution in the global fertilizer
business;

partner in the sale and marketing of vegetable oils and fats in
Europe; and

See full press release

Posted-In: News Guidance Contracts Management Global

 

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