date:Dec 15, 2015
e and position in the oils and fats market. By turning Olenex into a full-function joint venture, we will not only meet customer demand for a single, integrated supplier for oils and fats products, but we will also support ADM's strategic goal of strengthening our European oils business for food products.
ADM and Wilmar had started Olenex as a partnership in 2012 to facilitate marketing of oils and fats products in Europe. The companies intend to strengthen the partnership through this joint ve