ADM, Wilmar fortify joint venture Olenex to market oils and fats in Europe
date:Dec 15, 2015
rmany and Rotterdam, the Netherlands, top the JV Olenex.
The JV will also see the integration of raw materials sourcing, trading, and sales and marketing operations.

The agreement entails that refined oils and fats from ADM's other plants in the Czech Republic, Germany, the Netherlands, Poland and the UK, will be sold by Olenex.

ADM European Oils business president Duane Holz said: This new agreement will allow Olenex to operate more efficiently and competitively, with a stronger brand presenc
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