Port of South LouisianaVan AalstCimbriaTMS Awards 2023Sailors SocietyBühler GmbH
  • Port of South Louisiana
  • TMS Awards 2023
  • Bühler GmbH
  • TBA Group
  • Sailors Society
  • Van Aalst

ADM adds non-GM capabilities in Hungary

ADM adds non-GM capabilities in Hungary

(Posted on 01/10/24)

ADM has announced that it has reached an agreement to acquire Vandamme Hungaria Kft and its related entities, which operate a 700 metric ton/day non-GM crush and extraction facility in northern Hungary.

"The enduring global trends of food security and sustainability are driving demand for non-GM products, with 60% of consumers in a European survey saying that non-GM is a claim they like to see on product packaging, and ADM is investing to ensure we can meet this growing demand," said Sebastian Kuck, ADM's general manager of EU soybean crush. "After a multiyear process of extending our non-GM soybean offerings from our crush facilities in Becej, Serbia as well as Straubing and Mainz, Germany, we are thrilled to add this state-of-the-art soy and corn germ switch plant to further enable us to meet the needs of our non-GM customers in the food, feed, pet and oil markets."

"Our growing footprint in the European non-GM soybean segment also supports our farmer suppliers by offering an outlet for a much needed value-added crop which can help with crop rotation and provide a platform from which to enhance their regenerative agricultural practices," said Rene van der Poel, ADM commercial manager. "We're proud to partner with farmers across Europe, and believe these investments represent yet another way in which we're adding to our capabilities and demonstrating our unique ability to meet varied customer needs, including when EU deforestation regulations come into law."

The Komárom, Hungary-based production facility was built in 2010, and transforms soybeans and corn germ into meal and oils for customers in Europe and the Middle East. It has 38 colleagues, and delivered revenues of approximately €114 million in 2023.

ADM expects to complete this transaction, which is subject to regulatory approvals, in the coming months.

Latest News

Cargill moves to take full control of SJC Bionergia

(Posted on 07/02/25)

Cargill continues to advance its growth strategy in the Brazilian market and reinforces its investment... Read more


Anglo American completes sale of minority interest in Jellinbah for A$1.6 billion

(Posted on 31/01/25)

Anglo American plc has announced the completion of the sale of its 33.3% minority interest in Jellinbah... Read more


Rivera now MD of Cremer Erzkontor Mexico

(Posted on 30/01/25)

Rafael Rivera has been appointed the new Country Manager Mexico of the end-to-end raw materials supplier... Read more


Rio Tinto provides Iron Ore update following Tropical Cyclone Sean

(Posted on 24/01/25)

Tropical Cyclone Sean delivered record rain along parts of the Pilbara coastline of Western Australia... Read more


Rio Tinto shows greater consistency across key operations

(Posted on 19/01/25)

Rio Tinto has released fourth quarter production results. Chief Executive Jakob Stausholm said: &ldquo... Read more


Trafigura publishes 2024 Sustainability Report

(Posted on 19/01/25)

Trafigura Group Pte Ltd. has published its 2024 Sustainability Report, highlighting the Group’... Read more


NGFA comments on US East and Gulf Coast port labour deal

(Posted on 10/01/25)

The International Longshoremen’s Association and the United States Maritime Alliance, Ltd. have... Read more


Vitol completes acquisition of Noble Resources

(Posted on 07/01/25)

Further to the announcement of 2nd August 2024, Vitol B.V.  has now completed the acquisition of... Read more


Rio Tinto progresses development of Quebec gallium extraction process

(Posted on 17/12/24)

As part of a research and development programme, Rio Tinto is assessing the potential for extracting... Read more


Trafigura publishes 2024 Annual Results

(Posted on 17/12/24)

Trafigura Group Pte Ltd, a market leader in the global commodities industry, has released results for... Read more


TBA GroupGeneva DryTelestackViganPort of Stockton
  • Vigan
  • Cimbria
  • Geneva Dry

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping