ADM Sees North America, Specifically The U.S., Still Having Some Demand Issues For Carbohydrate Solutions Segment; Expects Decatur East Plant To Come Back Online In Q4
Portfolio Pulse from Benzinga Newsdesk
ADM reports ongoing demand issues in North America for its Carbohydrate Solutions segment but expects the Decatur East plant to resume operations in Q4.
July 30, 2024 | 1:42 pm
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ADM is experiencing demand issues in North America for its Carbohydrate Solutions segment. However, the company expects its Decatur East plant to come back online in Q4, which could stabilize operations.
The demand issues in North America could negatively impact ADM's short-term revenue. However, the expected resumption of operations at the Decatur East plant in Q4 may offset some of these challenges, leading to a neutral short-term impact.
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IMPORTANCE 70
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