ADM and Delta Wilmar launched a joint venture

24.11.2016

ADM’s press service reports that the company has launched a joint venture named Olenex together with Delta Wilmar. Olenex will be engaged in selling vegoils and fats.

Previously, the Olenex project existed within the framework of the companies’ marketing and sales partnership, but now it is a full-fledged joint venture, reports UkrAgroConsult.

It is also specified that the companies started partnering in the European vegoils and fats market under this project in 2012. Olenex owns a crushing plant in Hamburg (Germany) and two tropical oil plants – in Brake (Germany) and Rotterdam (The Netherlands).

 

UkrAgroConsult

 

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