ADM To Become Global Distributor for HAF and Alfredo Iñesta Products
DECATUR, Ill., May 15, 2012— Archer Daniels Midland Company (NYSE: ADM) today announced the signing of an expanded agreement that will make ADM a global distributor of Grupo Iñesta specialty products under the brands of HAF and Alfredo Iñesta.
“As the world looks to agriculture to meet growing needs, ADM is focused on strengthening our relationships with farmers around the world,” said Domingo Lastra, ADM vice president of corporate growth. “Grupo Iñesta has developed an innovative line of products that can help raise farmers’ yields, and we are excited about the opportunity to bring these solutions to farmers and agricultural retailers around the globe.”
ADM currently distributes Grupo Iñesta products in Central and South America. The products include several lines of bio-activators and resistance inducers, which are designed to stimulate plant growth and improve overall plant health. With this new agreement, ADM will become the exclusive distributor of HAF and Alfredo Iñesta products in most countries globally. In other countries, ADM will be a non-exclusive distributor.
“ADM is an economic powerhouse in the agricultural industry, with efficient distribution channels and strong customer relationships,” said Alfredo Iñesta, owner, Grupo Iñesta. “As we continue to expand our product line and customer offerings, we look forward to working with ADM to help farmers around the world improve their yields and returns.”
About Grupo Iñesta
Grupo Iñesta is a company dedicated to the development, production, and commercialization of fertilizers and other specialty products for agriculture. The company is committed to an integrated management model of quality, environmental practices and prevention of occupational risks. It has obtained ISO 9001:2008 certification and is in the process of finalizing its ISO 14001:2004 and OHSAS 18001:2007 certifications. In the liquid fertilizer manufacturing and sales business for almost 30 years, Grupo Iñesta has a constant focus on research and development, innovating new products constantly. The company possesses a single plant in Alicante, Spain, where all products are developed and produced for distribution worldwide. The facility is equipped with a state-of-the-art laboratory and research facilities for the development and testing of all our products. For more information, please visit www.grupoinesta.com.
For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve vital needs. Today, 30,000 ADM employees around the globe convert oilseeds, corn, wheat and cocoa into products for food, animal feed, industrial and energy uses. With more than 265 processing plants, 400 crop procurement facilities, and the world’s premier crop transportation network, ADM helps connect the harvest to the home in more than 160 countries. For more information about ADM and its products, visit www.adm.com.