company profile
Archer Daniels Midland Company announced the formation of a joint venture between ADM, Matsutani Chemical Industry Co., Ltd., and Matsutani America, Inc. The joint venture, which officially formed May 1, 2006, supports the worldwide sales and marketing of the food ingredient Fibersol®-2 dietary soluble fiber.
Fibersol-2 is a soluble dietary fiber ingredient that can be used in a variety of food and beverage applications as well as dietary supplements. Invented by Japan’s Matsutani Chemical Industry Co., Ltd., Fibersol-2 dietary soluble fiber has been exclusively produced at ADM’s Clinton, Iowa, facility since 1999. ADM will continue to manufacture Fibersol-2 dietary soluble fiber for both Matsutani Chemical and the joint venture.
The joint venture combines Matsutani’s strong technical and scientific expertise with ADM’s vast production facilities and transportation network, resulting in a quality food ingredient that is backed by highly consistent service and more readily available supply.
Every day, the 27,000 people of Archer Daniels Midland Company (NYSE: ADM) turn crops into renewable products that meet the demands of a growing world. At more than 230 processing plants, we convert corn, oilseeds, wheat and cocoa into products for food, animal feed, chemical and energy uses. We operate the world’s premier crop origination and transportation network, connecting crops and markets in more than 60 countries. Our global headquarters is in Decatur, Illinois, and our net sales for the fiscal year ended June 30, 2008, were $70 billion. For more information about our Company and our products, visit www.admworld.com.
Matsutani America, Inc., Itasca, Illinois, is a US representative of Matsutani Chemical Industry Co., Ltd., Japan, which is a leading producer of specialty food starches and maltodextrins with new and innovative technology in production, product development, and application works in Asia. Matsutani America’s initial charge was to demonstrate to the North American food and beverage manufacturers the outstanding physical and chemical properties of their proprietary soluble dietary fiber: Fibersol-2 dietary soluble fiber is produced in Clinton, Iowa, through an agreement with ADM. Fibersol® is a registered trademark of Matsutani Chemical Industry Co., Ltd. |
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