Archer Daniels Midland Company (NYSE: ADM) today announced two key actions that advance its strategy for profitable growth in China and throughout Asia: the opening of a Beijing office;and a strategic investment in, and memorandum of understanding with, the Agricultural Bank of China.
“China’s agricultural market is growing in both supply and demand and represents significant growth opportunities for ADM,” said ADM Chairman, CEO and President Patricia Woertz. “These actions position ADM well to expand its participation in that growing market.”
The Company will open an office in Beijing in 2010, and has named Ismael Roig to lead ADM’s Asian business and growth activities. Roig was named vice president and executive director, Asia-Pacific, and will report to John Rice, executive vice president, Commercial and Production. Roig previously served as vice president, Planning and Business Development.
“Ismael’s strategic acumen and commitment to developing ADM’s business will serve the Company well as we seek to grow with the Chinese market and expand our presence in Asia overall,” said Rice.
ADM also announced that it will make a US$100 million strategic investment in Agricultural Bank of China (ABC). ADM and ABC also announced an agreement to advance both organizations’ plans for growth in China.
ADM plans expansion in China, opens office
Like to receive news like this by email? Join and Subscribe!
Get the latest potato industry news straight to your WhatsApp. Join the PotatoPro WhatsApp Community!
Highlighted Company
Related News
June 22, 2026
Europatat Welcomes EU NGT Regulation, Opening New Opportunities for Potato Innovation
Europatat welcomes the EU’s adoption of the NGT Regulation, opening new opportunities for innovative potato varieties with improved disease resistance, climate adaptability, and processing traits, while boosting breeding research and investment.
June 16, 2026
Europatat highlights policy, plant health, trade and sustainability priorities in 2025-2026 Activity Report
Europatat's 2025–2026 Activity Report highlights work on NGT regulation, plant health, food safety, seed potato trade, sustainability initiatives and Horizon Europe research projects, while concluding its six-year potato promotion campaign.
June 15, 2026
DKHV Potato Specialist training begins with first module in Hermannsburg
DKHV has launched the first module of its Potato Specialist training program in Hermannsburg, bringing together industry professionals for practical and classroom-based training on potato cultivation, crop protection, field assessment and breeding.
