ADM aligns investment, organization in Asia-Pacific
June 12, 2014
by Eric Schroeder
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DECATUR, ILL. — A series of new facilities, offices and appointments has positioned Archer Daniels Midland Co. for continued growth in the Asia-Pacific market.
The Decatur-based company on June 11 said it will centralize coordination of its activities throughout Asia-Pacific by moving its regional headquarters from Shanghai to Singapore, which is the hub of the company’s regional merchandising operations. Ismael Roig, president of ADM Asia-Pacific, will have offices in both Singapore and Shanghai.
ADM will hire a new president of ADM China. The position will report to Mr. Roig, be based in Shanghai and focus on growing ADM’s sweetener portfolio and feed business in China.
Last month, ADM announced it is building a sweetener and soluble-fiber manufacturing complex at the port of Tianjin in North China. The sweetener facility is expected to be fully operational in early 2015, and the soluble fiber facility operational in the second half of 2015.
The news came about eight months after ADM began building a facility in Nanjing to produce animal feed premix that may be added to animal rations to promote good health and optimal growth. The facility is scheduled to begin operations in mid-2015 and will complement ADM’s existing feed premix plants in Dalian and Tianjin.
Changes also are in store for the company’s Australia and New Zealand operations, where Collin Benson has been named president, ADM Australia and New Zealand. He replaces Bill Fitzgibbon, who is retiring as operations director of ADM’s Sydney office. Mr. Benson will be based in Sydney and will continue to oversee ADM’s business in Japan and Korea. He brings 19 years of experience in grain merchandising and in food- and feed-ingredient sales. For the last six years, he has been president of ADM Japan. Mr. Benson will lead the integration of the Adelaide-based Toepfer business — among Australia’s top five agricultural commodity exporters — with ADM’s Sydney-based food and feed ingredients business.
ADM on June 5 completed the acquisition of its remaining minority stake of Alfred C. Toepfer International. Since 2002, ADM has owned 80% of Toepfer. Through the recent transaction, ADM acquired the remaining stake from Union InVivo for €83 million.
As part of an effort to strengthen ADM’s ports, merchandising and logistics across the region, Nigel Hart will join ADM as director, Asia-Pacific Ports and Storage Development. Mr. Hart brings 15 years of experience in corporate development and grain logistics, storage and merchandising, most recently with GrainCorp Ltd. Based in Sydney, he will support the growth of ADM’s port, logistics and storage capabilities throughout Asia-Pacific.
Tim Henry, general manager, Toepfer Australia, will lead ADM’s Australian grain merchandising operations as they become part of ADM’s global Agricultural Services business. Mr. Henry has led the Australian Toepfer business since 2011, having joined Toepfer in Singapore in 2008. He has more than 15 years’ experience in grain merchandising.
To support growth across the company’s various businesses, ADM has appointed Kristina Hermanson director of business development for Southeast Asia. Ms. Hermanson has been with ADM since 2007 and brings to the role more than 10 years of commercial, business-development, project-management and integration experience.
“As populations and incomes across Asia continue to rise, diets are evolving,” said Patricia Woertz, chairman and chief executive officer of ADM. “With that shift comes an increase in demand for crops and other products from agriculture. For decades, ADM has connected the world’s harvest with the Asian market. Now, we’re taking a series of actions to enhance our ability to efficiently serve that growing demand.
“As we previously announced, we’re investing to grow our food and feed production with the addition of two production facilities in China. We’re also making enhancements to our ports and logistics coordination throughout the Asia-Pacific region, and we’re adding and aligning talent to support growth. Together, these actions will strengthen our ability to serve our customers in the region and improve coordination between our operations within Asia and around the globe.”