Marian Zboraj06.13.06
ADM Co., Decatur, IL, has formed a joint venture with Matsutani Chemical Industry Co., Ltd. and Matsutani America, Inc. The joint venture, which officially formed May 1, 2006, supports the worldwide sales and marketing of the food ingredient Fibersol-2. Fibersol-2 is a soluble dietary fiber ingredient that can be used in a variety of food and beverage applications, as well as dietary supplements. Invented by Japans Matsutani Chemical Industry, Fibersol-2 has been exclusively produced at ADMs Clinton, IA, facility since 1999. ADM will continue to manufacture Fibersol-2 for both Matsutani Chemical and the joint venture.
The joint venture combines Matsutanis strong technical and scientific expertise with ADMs vast production facilities and transportation network, resulting in a quality food ingredient that is backed by highly consistent service and more readily available supply.
With the increased attention to health and the deficiency of dietary fiber in the human diet, we have seen an increased demand for Fibersol-2 in both the U.S. and worldwide markets, said Kris Lutt, vice president, ADM Corn Processing. With the formulation of this joint venture, we hope to better service customers demands today and envision their needs for tomorrow.
