ADM forms Industrial Chemicals Group
Capitalizing on the popularity of the "green chemistry" movement, Archer Daniels Midland Co. recently created the Industrial Chemicals Group to commercialize production of chemicals made from renewable feedstocks. Janet Mann, who previously worked for Chemtura Corp. and Dow Chemical Co., will lead the group as general manager. John Rice, an ADM executive vice president, said the company sees two major trends developing in the marketplace: improving a product's environmental footprint and reducing the use of petroleum-based products. The company's new group aims to accomplish both goals.