ADM (NYSE: ADM), a global leader in animal nutrition, announced today the acquisition of a feed mill in Polomolok, South Cotabato, from South Sunrays Milling Corporation.
The addition is a step forward in providing a wide range of leading-edge products to meet Asia’s demand for innovative and high-quality products in the animal nutrition market.
The addition is a step forward in providing a wide range of leading-edge products to meet Asia’s demand for innovative and high-quality products in the animal nutrition market.
“Around the globe, ADM is expanding its ability to meet growing customer demand for high-quality, responsibly-produced animal nutrition products, and we look forward to bringing our expertise and production capabilities closer to even more customers in the Philippines,” said Gerald Wilflingseder, president, Animal Nutrition, Asia Pacific, at ADM. “This addition increases our regional production capacity, enabling us to enhance our wide range of leading-edge solutions to better support our customers’ dynamic needs in a timely manner, while providing further opportunities to offer new product solutions in the Philippines and across the region.”
The South Cotabato mill, along with existing ADM feed production facilities in Cebu and Bulacan, support customer growth in the region with a wide range of leading-edge pet food, complete feed, aquaculture and premix solutions. Further, the investment will support economic development through the creation of more than 100 new jobs in the region.
“We are excited to combine our global expertise with deep local insights to unlock greater value for our customers in the Philippines and across the region,” said Lorenzo Mapua, managing director, Animal Nutrition, Philippines, at ADM. “This acquisition will allow us to offer a wide range of high-quality feed products for swine, poultry and aqua for both backyard and commercial farm segments with our recognized brands such as Ultrapak, Evialis and Ocialis.”