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CJ CheilJedang and ADM to form amino acids joint venture
Original: Business Watch: CJ CheilJedang and ADM to form an amino acids joint venture, and more
South Korea's CJ CheilJedang and US agricultural giant Archer-Daniels-Midland are set to create a joint venture focused on amino acids, according to a business news roundup. The partnership would combine CJ's fermentation-based amino acid production with ADM's global agricultural and distribution network. The move reflects growing demand for amino acids used in animal feed and food ingredients.
Why now: A major cross-border partnership between two large food and agribusiness companies draws attention from industry and investors.
CJ CheilJedangADMSouth KoreaUnited States
Evidence
- Business Watch: CJ CheilJedang and ADM to form an amino acids joint venture, and more · Chemical & Engineering News
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