ADM
Move away from trans fat may boost ADM’s palm oil investments
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The U.S. Food and Drug Administration announced last week that it would take significant steps toward eliminating trans fats in American food within the next three years. The move will likely change the way major food producers make popular foods, including some coffee creamers, frozen pizzas, refrigerated dough products and fast food. According to experts, this production change will be largely propelled by an increase in the demand for palm oil, a substitute made from certain tropical trees.
