Market Overview

ADM Opens Technical Innovation Center in Shanghai

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  • State-of-the-art facility to support development of innovative,
    on-trend, nutritious products to meet growing food and beverage demand
    in Asia-Pacific

Archer Daniels Midland Company (NYSE:ADM) today celebrated the opening
of its new regional office and state-of-the-art flavor and ingredient
creation, application, development and customer innovation center in
Shanghai, China. The opening of the space was announced at a dedication
and ribbon-cutting ceremony.

"With today's busy lifestyles, people are turning to healthier eating
habits, accelerating changes in consumer tastes and preferences at an
unprecedented rate. For ADM, Shanghai has played a critical role in our
continued growth and innovation. To help Asia-Pacific food and beverage
customers remain a step ahead, we're excited to leverage our technology,
expertise and global scale," said Donald Chen, ADM's president, Asia.

Shanghai's technical innovation center will enable ADM to work closely
with customers to create complete flavor and specialty ingredient
solutions. It will be staffed by a team of food scientists, flavorists
and applications experts, along with sales, marketing and regulatory
personnel. The new Shanghai facility joins our recently opened Singapore
Innovation Center in helping ADM meet growing demand in the region.

"Around the world, ADM continues to invest to ensure that we are the
go-to solution providers for clean label, sustainable ingredients and
great taste," said Vince Macciocchi, president of ADM's Nutrition
business. "This new facility enhances our portfolio and capabilities
ensuring our customers meet consumer demands for new, innovative food
and beverages."

The new innovation center features a wide range of capabilities,
including a food and flavor analytic lab; beverage and dairy
applications labs and pilot plants; a bakery lab; a confectionery and
personal care lab; a culinary kitchen; flavor creation labs; sensory
evaluation facilities; and a customer innovation center.

China is home to approximately 675 ADM employees, with application labs
in Beijing, Shanghai and Guangzhou; a flavor production facility in
Beijing; sweeteners and soluble fiber complex in Tianjin; animal
nutrition facilities in Dalian, Tianjin, Nanjing, Zhangzhou and
Xiangtan. ADM has more than 1,000 employees throughout the wider
Asia-Pacific region, where the company operates a wide range of
processing facilities, including several animal feed facilities; a
flavor and ingredient facility; food and flavor labs in Japan, Singapore
and Australia; and sales offices in every major market in the region.

About ADM Nutrition

ADM is a world-leading nutrition company with the widest range of
specialty ingredients, blends, systems and experience. We move customers
from concept to launch faster with sustainable, differentiated products
that address their evolving needs. ADM helps our customers create
consumer-preferred nutritional solutions through our on-trend and
customizable portfolio of natural flavors and colors; an unmatched range
of plant-based proteins; industry-leading, science-backed bioactives; as
well as specialty ingredients such as hydrocolloids, lecithin, Omega-3
solutions, probiotics, polyols, texturants, soluble fibers and much
more. Our talented team also provides consumer insights and
intelligence; sensory expertise; culinary creativity; and full
product-development services.

About ADM

For more than a century, the people of Archer Daniels Midland Company
(NYSE:ADM) have transformed crops into products that serve the vital
needs of a growing world. Today, we're one of the world's largest
agricultural processors and food ingredient providers, with
approximately 31,000 employees serving customers in more than 170
countries. With a global value chain that includes approximately 500
crop procurement locations, 270 ingredient manufacturing facilities, 44
innovation centers and the world's premier crop transportation network,
we connect the harvest to the home, making products for food, animal
feed, industrial and energy uses. Learn more at www.adm.com.

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