ADM Expands Support of Ukrainian People, Scales Down Russia Operations
ADM Expands Support of Ukrainian People, Scales Down Russia Operations
2022/3/11
CHICAGO, March 11, 2022— ADM (NYSE: ADM) today issued the following statement:
“We join with the world in our horror over the unfolding conflict in Ukraine. We are focused first on the safety of our almost 650 Ukrainian colleagues, who are being subjected to increasingly indiscriminate attacks on civilian areas. At the same time, we’re rapidly growing our efforts to support the Ukrainian people, committing more than $5 million in financial and other support, including wheat for the Ukrainian flour milling industry; working with Ukrainian farmers to purchase their crops, putting more cash in the hands of those who need it; and using our logistical expertise to import and distribute emergency food rations.
“As the images and effects of this conflict continue to reverberate around the world, we are taking further steps. Our footprint in Russia is very limited, and we have made the decision today to scale down operations in Russia that are not related to the production and transport of essential food commodities and ingredients. And we will of course continue to comply with all sanctions, laws and regulations.
“ADM is a pillar of the entire global food system. We believe it is important to stand for what is right, which includes preventing further suffering by continuing to play our critical role in ensuring all people have access to the fundamental nutrition they need.”
About ADM
ADM unlocks the power of nature to enrich the quality of life. We’re a premier global human and animal nutrition company, delivering solutions today with an eye to the future. We’re blazing new trails in health and well-being as our scientists develop groundbreaking products to support healthier living. We’re a cutting-edge innovator leading the way to a new future of plant-based consumer and industrial solutions to replace petroleum-based products. We’re an unmatched agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. And we’re a leader in sustainability, scaling across entire value chains to help decarbonize our industry and safeguard our planet. From the seed of the idea to the outcome of the solution, we give customers an edge in solving the nutritional and sustainability challenges of today and tomorrow. Learn more at www.adm.com.
ADM Media Relations
Jackie Anderson
media@adm.com
312-634-8484