ADM shutters German biodiesel plant

Multinational oilseeds processor Archer Daniels Midland (ADM) is to temporarily cease production of biodiesel at its manufacturing plant, at least to the end of June, with a review of the decision in Q3. The company blames increased biodiesel imports into the EU for...

COFCO completes Nidera purchase

COFCO International, the Hong Kong-based multinational grain procurement, trading and processing business, will own 100% of Nidera from the end of February. This follows regulatory approvals for its purchase of a 10% minority stake in Nidera Capital from the Dutch...