Archer Daniels Midland Company (NYSE: ADM) Chairman and Chief Executive
Officer Patricia Woertz issued the following statement regarding the
Energy Bill:
“This legislation is an important step towards a stronger, more diverse
energy future for our nation and our world. The expansion of the
Renewable Fuel Standard recognizes that the promise of tomorrow’s
biofuels can only be fully realized by supporting the here-and-now
solutions provided by today’s ethanol and biodiesel. ADM is dedicated to
continued leadership in the development of renewable biofuels, and is
optimistic about the expanded role they will play in improving energy
security, strengthening rural economies and helping to improve our
environment.”
About ADM
Archer Daniels Midland Company (ADM) is the world leader in BioEnergy
and has a premier position in the agricultural processing value chain.
ADM is one of the world’s largest processors of soybeans, corn, wheat
and cocoa. ADM is a leading manufacturer of biodiesel, ethanol, soybean
oil and meal, corn sweeteners, flour and other value-added food and feed
ingredients. Headquartered in Decatur, Illinois, ADM has over 27,000
employees, more than 240 processing plants and net sales for the fiscal
year ended June 30, 2007 of $44 billion. Additional information can be
found on ADM’s Web site at www.adm.com.
ADM Media Relations
217/424-5413
media@adm.com