- Archer-Daniels-Midland Co (NYSE:ADM) signed a long-term strategic partnership agreement with food tech company Benson Hill (NYSE:BHIL) to scale soy ingredients, representing a new frontier in taste, texture, nutrition, and functionality for alternative protein solutions.
- The company expects the partnership to serve various plant-based food and beverage markets to meet savory, sweet, and dairy customer needs.
- ADM will process and commercialize a portfolio of proprietary ingredients derived from Benson Hill Ultra-High Protein (UHP) soybeans through an exclusive North American licensing partnership.
- Price Action: ADM shares are trading lower by 0.40% at $82.43 on the last check Monday.
Molecular Templates Announces Executive Leadership Changes; Jason Kim To Assume The Role Of President And Chief Financial Officer; Kristen Quigley To Assume The Role Of Chief Operating Officer
Dr. Gabriela Gruia to assume the role of interim Chief Medical Officer
Jason Kim to assume the role of President and Chief Financial Officer
Kristen Quigley to assume the role of Chief Operating Officer
Dr. Grace