ADM, Wilmar launch Olenex as full-function joint venture

New full-function Olenex joint venture provides comprehensive, integrated capabilities in edible oils, fats.

Archer Daniels Midland Co. (ADM) and Wilmar International Ltd. have completed the transition of Olenex from a marketing and sales partnership to a full-function joint venture with its own assets.

As a full-function joint venture, Olenex will leverage the combined capabilities of ADM and Wilmar to serve as a single, integrated solutions provider for customers. It will offer a comprehensive portfolio of oils and fats, from commodities to specialty products, along with unparalleled cu

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