This collaboration represents a strategic step in demonstrating how CO2-derived formates can emerge as cost-competitive, next-generation C1 platform chemical.
Revenues also were lower in the period, slipping 5% to US$21.17 billion from US$22.25 billion.
On May 6, ADM’s stock price rose to US$48.32 per share from US$47.50 the previous day.
After exploring many alternatives, we have determined that our Kershaw crushing plant does not align with our future operating needs.
The Ag Services and Oilseeds division houses the company’s global crop trading, transportation and storage, and oilseed processing operations.