date:Apr 16, 2014
ill remain a strategic business partner for ADM in Europe, the company said.
ADM also said it will pursue the sale of its global chocolate business, while retaining the majority of its cocoa press operations.
Over the last year or so, weve taken significant actions to improve our cocoa business, most notably by significantly reducing invested capital, Ms. Woertz said. At the same time, we have also seen industry conditions improve as crop supplies have returned to normal. Given improved underl