CJ CheilJedang and ADM to Form New Joint Venture to Strengthen Amino Acid Production and Supply Chains

CHICAGO & SEOUL–(BUSINESS WIRE)–CJ CheilJedang (CJ, KRX: 097950), a global food and biotech company that owns a leading animal nutrition business (known as CJ Bio), and ADM (NYSE: ADM), a global leader in innovative solutions from nature, have agreed to form a new joint venture to secure a reliable, long-term source of feed-grade amino acids critical to the livestock industry, strengthening U.S. production, global supply chain resilience and U.S. food security. “By combining CJ’s industry-lea

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