Homepage  Homepage     Search on site  Search on site     To write the letter  To write the letter     Site map  Site map
Agro Perspectiva
We are on: 
   

Photoblog

 




Home > News

New Full-Function Olenex JV Provides Comprehensive, Integrated Capabilities in Edible Oils and Fats

14.11.2016 15:00 "Agro Perspectiva" (Kyiv) Archer Daniels Midland Company (NYSE: ADM) and Wilmar International Limited (SGX: F34) have completed the transition of Olenex from a marketing and sales partnership to a full-function joint venture with its own assets.

As a full-function joint venture, Olenex will leverage the combined capabilities of ADM and Wilmar to serve as a single, integrated solutions provider for customers. It will offer a comprehensive portfolio of oils and fats, from commodities to specialty products, along with unparalleled customer service and innovative solutions to meet customer needs. Customers will also benefit from streamlined sourcing and increased supply efficiency, helping to meet their needs for quality and sustainability.

«We are excited to introduce customers to the new Olenex, and share with them the benefits of an end-to-end supplier of oils and fats,» said Dr. Kai-Uwe Ostheim, general manager, Olenex. «With a great product portfolio and a talented team, the new Olenex is ready from day one to distinguish itself as the partner of choice for our edible oils and fats customers.»

Established in 2012 as a partnership to market refined vegetable oils and fats in Europe, Olenex today owns and operates specialty oils and fats and palm refining plants in Hamburg, Germany, as well as tropical oils processing plants in Brake, Germany and Rotterdam, the Netherlands. In addition to processing, the new joint venture integrates raw materials sourcing, trading, and sales and marketing operations. Olenex will also market refined oils and fats from ADMs plants in the Czech Republic, Germany, the Netherlands, Poland and the U.K.

Olenex, a full-function joint venture between ADM and Wilmar, offers customers in Europe and beyond a comprehensive portfolio of edible oils and fats, from commodities to specialties, as well as superior technical support. Olenex owns and operates a specialty oils and fats facility and a palm refinery in Hamburg, Germany, as well as tropical oils processing plants in Brake, Germany and Rotterdam, the Netherlands. It also manages raw materials sourcing, trading, sales and marketing operations. Olenex will also market refined oils and fats from ADMs plants in the Czech Republic, Germany, the Netherlands, Poland and the U.K.

For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve the vital needs of a growing world. Today, were one of the worlds largest agricultural processors and food ingredient providers, with more than 32,300 employees serving customers in more than 160 countries. With a global value chain that includes 428 crop procurement locations, 280 ingredient manufacturing facilities, 39 innovation centers and the worlds premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, industrial and energy uses.

Wilmar International Limited, founded in 1991 and headquartered in Singapore, is today Asias leading agribusiness group. Wilmar is ranked amongst the largest listed companies by market capitalisation on the Singapore Exchange.

Wilmars business activities include oil palm cultivation, oilseed crushing, edible oil refining, sugar milling and refining, specialty fat, oleochemical, biodiesel and fertiliser manufacturing and grain processing. At the core of Wilmars strategy is a resilient integrated agribusiness model that encompasses the entire value chain of the agricultural commodity processing business, from origination and processing to branding, merchandising and distribution of a wide range of agricultural products. It has over 500 manufacturing plants and an extensive distribution network covering China, India, Indonesia and some 50 other countries. The Group is backed by a multinational workforce of about 92,000 people.

Wilmars portfolio of high quality processed agricultural products is the preferred choice of the food manufacturing industry, as well as the industrial and consumer food businesses. Its consumer-packed products occupy a leading share in its targeted markets. Through scale, integration and the logistical advantages of its business model, Wilmar is able to extract margins at every step of the value chain, thereby reaping operational synergies and cost efficiencies. Wilmar remains a firm advocate of sustainable growth and is committed to its role as a responsible corporate citizen.

Agro Perspectiva

< Poroshenko started working visit to Sweden All news for
14.11.2016
Bad weather leaves 988 Ukrainian towns and villages without electricity >

20.07.2018  
23:18 Belarus Agriculture and Food Ministry boosts export 2.4 times to Asia and Oceania
23:13 Harvesting 2018: southern regions about to complete early grains harvesting
22:06 EBRD gives Astarta US$20 million loan
21:11 Groisman: We can bring the agribusiness share to 25% GDP
20:57 Ukrainian 2017/18 MY grains export almost US$6.4 milliard
19.07.2018  
16:11 World Bank, EU introducing Ukrainian five-year land management program
15:19 Harvesting 2018: Odesa region agrarians got 3 million tons
13:50 Mengniu revitalises organic milk using Tetra Pak solutions
13:20 Armenia - Agricultural insurance to be introduced in the country
13:18 Grains Corporation has doubled its grains export to CCEC
11:24 FAO: Ukrainian honey export down
10:13 Azerbaijan mineral fertilizers import up 2 times
18.07.2018  
23:18 Harvesting 2018: winter barley harvesting almost over
22:57 ASF new outbreaks within Ukrainian 5 regions
22:13 Sheremeta: Berry producers are to unite into cooperatives to be more competitive
19:46 USDA downgrades forecast for Ukrainian 2018 wheat crop by one million tonnes
18:31 Harvesting 2018: early grains harvested at 50% total sown areas
17.07.2018  
23:04 Harvesting 2018: Mykolaiv region agrarians already threshed 2 million tonnes grains
20:13 Ukraine boosted confections export to EU
19:58 Belarus this year Jan-Jul sugar output totaled 66,500 tons
18:11 Japanese business considers possibility of participating within Ukrainian bioenergy projects
17:58 Agrarian Ministry to reimburse to domestic agrarians UAH220 million for livestock farms construction/reconstruction
16.07.2018  
18:21 Hungary gets certificates pet foods and plant origin foods export to Ukraine
16:00 2017/18 China Soybean Supply and Demand Update
15:00 Global Wheat Exporter Stocks Tighten to Satisfy Record Import Demand
12:45 Chinas 2018/19 Soybean Import Forecast Curbed On Higher Import Tariff for U.S. Soybeans
11:45 Near-Record U.S. Corn Exports in 2017/18
10:59 This year Lithuanian grains crop to be down 13%
10:10 Cargill reports fiscal 2018 fourth-quarter and full-year results
13.07.2018  
23:18 Harvesting 2018: three southern regions completed winter barley harvesting
22:59 Azerbaijan sugar export down 2 times
18:36 Ukrainian this year Jan-May agricultural products export to EU totaled about US$2.3 milliard
14:13 EBRD to provide 10 million loan to Kyiv Cardboard and Paper Mill
14:11 Kyrgyzstan this year Jan-Jun sugar output 19,000 tons
12:28 Six Belarusian food industry companies to obtain EU export permissions
12.07.2018  
23:19 Ukraine, Netherlands to deepen agricultural sector priority areas cooperation
22:56 Brazilian ethanol output can double by 2030
22:28 This year Jan-May Belarus dairy products export to China up 5 times
20:11 Ukrainian Jun sugar export up 25%
19:14 Ukrainian this year Jan-Jun raw milk output down 1.8%
09:00 Soy Growers Disappointed in Additional Tariffs, Continue to Seek Export Stability with Largest Customer
11.07.2018  
23:04 Harvesting 2018: agrarians start spring rape harvesting
22:51 Astarta redeems its US$64,000 shares
19:11 Ukrainian green energy receives EUR1.1 milliard investments
15:13 Signet Agrocompany has boosted its land bank to 29,000 ha
14:02 UN Forum: Laser-sharp focus needed to achieve Global Goals by 2030
10.07.2018  
23:14 Indian Hermes Pvt Ltd to invest US$125 million into Indonesean sugar/biogas plant
23:09 MPs propose lowering VAT for berry producers to 7% from 2019
22:36 Rada adopts law on organic products labeling
21:18 Ukrainian family farms taxation simplified

Also available: 

Agrarian Week in digital



READ ON-LINE



NewsNews - News - News - News - News - News
BriefWeekly Reports - Free article
SubscriptionTariff - News&Reports
AdvertisingMagazine - Site
ConferencesForum AGRO-2013 - DAIRY WORLD-2008 - FERTILIZERS-2010
Exhibitions
For our clientsAgroNewsDaily - Ukrainian Grain&Oilseed Market - Fertilizers - Milk Monthly - Milk Weekly
About usAbout project - Contact
     Lenty.Ru   +
2002 -2018 © Agrarika, ltd.
tel.: +38 (044) 486-9171, 486-8119
fax: +38 (044) 486-8830, 494-4889
e-mail: info@agroperspectiva.com