ADM Expands Philippines Animal Nutrition Footprint with Feed Mill Acquisition in Southern Mindanao
CEBU CITY, PHILIPPINES, 5TH May 2022 — ADM (NYSE: ADM), a global leader in animal nutrition, announced today the acquisition of a feed mill in Polomolok, South Cotabato, from South Sunrays Milling Corporation. The addition is a step forward in providing a wide range of leading-edge
products to meet Asia’s demand for innovative and high-quality products in the animal nutrition market.
“Around the globe, ADM is expanding its ability to meet growing customer demand for high-quality, responsibly-produced animal nutrition products, and
we look forward to bringing our expertise and production capabilities closer to even more customers in the Philippines,” said Gerald Wilflingseder, president, Animal Nutrition, Asia Pacific, at ADM. “This addition increases our regional production capacity, enabling us to enhance our wide range of leading-edge solutions to better support our customers’ dynamic needs in a timely manner, while providing further opportunities to offer new product solutions in the Philippines and across the region.”
The South Cotabato mill, along with existing ADM feed production facilities in Cebu and Bulacan, support customer growth in the region with a wide range of leading-edge pet food, complete feed, aquaculture and premix solutions. Further, the investment will support economic development through the creation of more than 100 new jobs in the region.
“We are excited to combine our global expertise with deep local insights to unlock greater value for our customers in the Philippines and across the
region,” said Lorenzo Mapua, managing director, Animal Nutrition, Philippines, at ADM. “This acquisition will allow us to offer a wide range of high-quality feed products for swine, poultry and aqua for both backyard and commercial farm segments with our recognized brands such as Ultrapak, Evialis and Ocialis.”
For more information about ADM’s full portfolio of animal nutrition products and solutions, visit https://www.global.admanimalnutrition.com/.
About South Sunrays Milling Corporation
On April 11, 2017, South Sunrays Milling Corporation (SSMC) ventured into the feeds manufacturing business and started the feeds tolling business in South Cotabato Province, Philippines. Its first client is the leading hog and poultry raiser in Mindanao, BIOTECH FARMS INC, where requirements reached 5,000 metric tons of feeds monthly. After three years, SSMC expanded its second feed mill to produce quality feeds for Aqua, Pet foods and extruded raw materials like full-fat soya & other raw materials. One of their milestones includes venturing into Aqua (shrimp) farming in Sarangani Province, Philippines under a new corporation, South Sunrays Aqua Ventures Corporation. SSMC consist of five professional directors engaging in different types of industries with technical expertise in different fields. Its mission is to continuously produce and distribute animal & aqua feeds of superior quality.
About ADM
ADM unlocks the power of nature to enrich the quality of life. We’re a premier global human and animal nutrition company, delivering solutions today with
an eye to the future. We’re blazing new trails in health and well-being as our scientists develop groundbreaking products to support healthier living. We’re
a cutting-edge innovator leading the way to a new future of plant-based consumer and industrial solutions to replace petroleum-based products. We’re
an unmatched agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. And we’re a leader in sustainability, scaling across entire value chains to help decarbonize our industry and safeguard our planet. From the seed of the idea to the outcome of the solution, we give customers an edge in solving the nutritional and sustainability challenges of today and tomorrow. Learn more at www.adm.com.
Source: ADM News Release