date:Dec 15, 2015
US-based agribusiness company Archer Daniels Midland Company (ADM) and Wilmar International Limited have signed an agreement which facilitates their joint venture Olenex to become fully functional in order to market oils and fats in Europe.
Under the agreement, ADM will put two of its sites into the joint venture. A specialty oils and fats facility and a palm refining plant in Hamburg, Germany, will be added to the joint venture.
Wilmar will add its tropical oils processing plants in Brake, Ge