ADM will buy a 50% stake in Russian supplier Aston Foods’ corn business, expanding its sweetener and starch capacity in Russia and globally. The deal, which must still be approved by financial regulators, would see Chicago-headquartered Archer Daniels Midland (ADM) become a 50% owner of Aston’s corn wet mills in Ibred and Novlyanka. The US […]
Ingredion Incorporated have announced that it has entered into a definitive agreement to acquire the rice starch and rice flour business from Sun Flour Industry Co, Ltd. based in Banglen, Thailand. The acquisition supports Ingredion’s global strategy to increase its higher-value specialty ingredients business and has been approved by the Company’s board of directors. It […]
