Alliances Foster New Developments
As companies form partnerships, they combine their resources to develop new business strategies,technologies, products, and ingredients.
This past June, Archer Daniels Midland Co., Matsutani Chemical Industry Co., Ltd., and Matsutani America Inc. formed a joint venture to support the worldwide sales and marketing of the food ingredient Fibersol-2™. The partnership combines ADM’s production facilities and transportation network and Matsutani’s technical and scientific expertise.
These companies are far from the only ones forming such alliances as a way to leverage products in the marketplace, combine research and development resour…
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