Archer Daniels Midland Company (NYSE: ADM) today announced a global
price increase, effectively immediately, for its natural-source Vitamin
E and mixed tocopherol product lines.
The increase is due to higher energy, transportation and raw-material
costs.
ADM is the world leader in the production of natural-source Vitamin E
and mixed tocopherols, which it markets under the Novatol™ and Decanox™
brands. The price increase will affect oil and powder versions of
d-alpha tocopherol, d-alpha tocopheryl acetate, d-alpha tocopheryl acid
succinate and mixed tocopherols.
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 http://www.adm.com.
ADM Media Relations
217/424-5413
media@adm.com