Core Insights - The eighth China International Import Expo (CIIE) took place in Shanghai from November 5 to 10, showcasing ADM's commitment to innovation and sustainability in the food and agricultural sector [1] - ADM's Asia Pacific President, Fabiana Bianchi, emphasized the expo as a vital platform for global and Chinese collaboration, highlighting the importance of openness, innovation, and mutual benefits [1] - ADM's China President, Zhu Linbo, expressed the company's aim to integrate global research with local innovation to address health, sustainability, and industrial upgrades in China [1] Company Developments - ADM signed a series of cooperation agreements with key partners and clients during the expo, with a total contract value exceeding 20 billion RMB [1] - The company is enhancing its localization capabilities, planning to establish its first Asia Pacific dietary supplement innovation center in Shanghai in 2024 [1] - ADM is also set to break ground on its second animal nutrition factory in Tianjin in 2024, expected to commence operations in 2026 [1] - The Wuxi R&D center focuses on innovative technology development in the food sector, while the Pinghu flavor factory is enhancing its innovation and production capabilities for flavor solutions [1]
ADM在进博会合作签约超200亿元