ADM and Syngenta Group Sign MoU to Support Low-Carbon Next-Generation Oilseeds and Improved Varieties to Meet Growing Demand for Biofuels and Other Products - Seite 2

Global demand for biofuels – such as sustainable aviation fuel, which can be made from a wide variety of feedstocks, including oilseeds such as the ones envisioned in this MoU – is expected to grow by 35 billion litres per year, or 22%, over the 2022-2027 period, according to the International Energy Association.

“Farmers have always been stewards of the land,” said Alison Taylor, ADM’s chief sustainability officer. “We’re already expanding our partnerships with farmers through our re:generations regen ag program; this MoU represents another pathway for us to help them drive value by positioning their businesses to meet global demand for sustainably-sourced products.”

“Transforming agriculture will be fueled by innovation, but it must be achieved at scale,” said Daniel Vennard, Syngenta Group’s Chief Sustainability Officer. “This cannot be done alone. The whole food and agriculture system needs to work in partnership with farmers at the center. Our collaboration with ADM is a perfect example of our continued commitment and we are excited to see what we will do together and how we can inspire the industry.”

The companies expect to sign definitive agreements by the end of the year and are already advancing important work together around growing and processing next-generation varieties.

About ADM

ADM unlocks the power of nature to enrich the quality of life. We’re a premier global human and animal nutrition company, delivering solutions today with an eye to the future. We’re blazing new trails in health and well-being as our scientists develop groundbreaking products to support healthier living. We’re a cutting-edge innovator leading the way to a new future of plant-based consumer and industrial solutions to replace petroleum-based products. We’re an unmatched agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. And we’re a leader in sustainability, scaling across entire value chains to help decarbonize our industry and safeguard our planet. From the seed of the idea to the outcome of the solution, we give customers an edge in solving the nutritional and sustainability challenges of today and tomorrow. Learn more at www.adm.com.