What does ADM do?

The founder of ADM started related business as early as 1902, but it was not until 1905 that the name Archer Daniels was registered in Minneapolis, Minnesota, USA. Now ADM is headquartered in Dick Dodo, Illinois, USA. After the establishment of the company, with the development in the following years, ADM's influence expanded to Wisconsin, new york and other places. After the capital accumulated slowly, 1923 acquired Midland Linen Company, which was officially renamed Archer Daniels Midland Company, and the famous ADM Company was born. ADM has gradually expanded its business scope, including flour industry, food processing industry, feed industry, special food industry, cocoa industry and nutrition industry. Since 1980s, ADM has gone global. 1983 Asia-Pacific branch established in Hong Kong; 1986 expanded in Europe and acquired in the Netherlands and Germany; Officially entered China in 2000. Today, ADM has become a huge and intertwined multinational company. Its enterprises include food, beverage, dietotherapy and feed. There are about 270 various manufacturing plants in the world, which are engaged in the production and sales of cocoa and corn processing, food additives, nutritional supplements, steroids and edible oils. In addition, it is also engaged in large-scale industries such as agricultural grain storage and transportation. Now, ADM is the world's first grain and oilseed processing plant, the largest soybean crushing processing plant and corn additive manufacturing plant in the United States, the second largest flour mill in the United States and the fifth largest grain export trading company in the world.

Among the four major food suppliers, ADM has always been known for its emphasis on research and development. He has been supporting its development through chemical research and now has a good cooperative relationship with Procter & Gamble. Almost at the beginning of the birth of biofuels, ADM quickly became the largest bioethanol producer in the United States. After President Bush put forward the biofuel plan, ADM supported it with both hands, and ADM recruited a former CEO of an oil company to be the CEO of the company. In 2007 alone, the company invested more than $654.38 billion in active fuels, making it the largest producer of active fuel ethanol in the world. The company also announced that it will invest 2.3 billion dollars in this field before 2009, and carry out a series of cooperation plans with companies such as Volkswagen.

Yihai (China) Group, which is jointly invested by American ADM Company and Singapore Fengyi Group, is a typical representative of ADM's expansion in China. Yihai Group was founded on 200 1 and its headquarters is located in Lujiazui, Shanghai. At present, the Group has 38 directly affiliated factories and trading companies in China, and also participated in many well-known domestic grain and oil processing enterprises such as Lu Hua. The factory is located in Hebei, Shandong, Jiangsu, Fujian, Guangdong, Guangxi and other major coastal provinces, as well as inland areas such as Sichuan, Hubei, Hunan, Xinjiang, Ningxia and Heilongjiang. Trading companies and offices have covered all provinces except Tibet, Hongkong, Macau and Taiwan Province. The group's annual oil seed crushing capacity is 6.5438+million tons, oil refining capacity is 3 million tons and separation capacity is 6.5438+million tons. Soybean meal exports account for more than 70% of the country's total annual exports, and it is one of the largest oil and oil processing enterprise groups in China. On the basis of vigorously developing oil and fat processing projects, the Group has also comprehensively entered deep processing projects such as wheat, rice, cottonseed, sesame and soybean protein concentrate, and at the same time invested in holding and participating in auxiliary companies such as railway logistics, storage bases, shipping and shipping agents, and diversified development. As early as 2005, Yihai Group began to shift its investment direction to other agricultural products processing fields and invest in Heilongjiang Yihai rice industry. From June, 5438 to February, 2005, Yihai (Jiamusi) Grain and Oil Industry Co., Ltd. was established, responsible for the group's northeast business development. Yihai (Jiamusi) Grain and Oil Industry Co., Ltd. cooperated with Heilongjiang Yihai Grain and Oil and Heilongjiang Liang Long Reserve Company to build a large storage base; Develop domestic and foreign trade such as rice and corn; Set up a logistics company to run through the transportation channel; Construction of corn and rice processing base; Establish a large grain processing base in Jiamusi and other high-quality rice and soybean producing areas. Yihai Group has established a perfect grain and oil management network in three northeastern provinces and parts of Inner Mongolia.

* ADM of the United States, Bunge of the United States, Cargill of the United States and Louis Dreyfus of France, four Fortune 500 companies, are used to being called "ABCD" according to their initials.