168
C. Marrion (2011) ‘Food security: Your time starts now’, Finance Asia, 15 August 2011.
169
Ibid.
170
A. Barrionuevo (2006) ‘Boom in ethanol reshapes economy of heartland’, New York Times, 25 June 2006.
171
For details of ADM’s political lobbying, its campaign contributions and the subsidies it has received from successive US governments, see OpenSecrets.org, at: www.opensecrets.org/orgs/summary.php?cycle=A&type=P&id=D000000132.
172
ADM (2011) ‘Understanding ADM and Biofuels’, op. cit., p.7.
173
J. Weber (2008) ‘The downside of ADM's focus on biofuels’, Bloomberg Businessweek, 31 December 2008. http://www.businessweek.com/magazine/content/09_02/b4115034744790.htm
174
ADM (2011) ‘Understanding ADM and Biofuels’, op. cit.
175
BusinessWire (2010) ‘ADM to Construct Biodiesel Facility in Joaçaba, Brazil’, 2 November 2010. www.businesswire.com/news/home/20101102006938/en/ADM-Construct-BiodieselFacilityJoa%C3%A7aba-Brazil
176
Ibid.
177
Reuters (2011) ‘ADM to take full ownership of Brazil ethanol plant’, 26 April 2011. http://af.reuters.com/article/energyOilNews/idAFN2625471820110426; AlacraStore.com (2011) ‘ADM acquires Canaa Participacoes-Limeira from Canaa Participacoes’, 26 April 2011. http://www.alacrastore.com/storecontent/Thomson_M&A/ADM_acquires_Canaa_Participacoes_Limeir a_from_Canaa_Participacoes-2304053040
178
ADM website (2011) ‘ADM to Invest in sustainable palm production in Brazil’, press release, 2 September 2011. http://origin.adm.com/en-US/news/_layouts/PressReleaseDetail.aspx?ID=291
179
ADM is also connected with another Asian agribusiness giant, the Kuok Group, which has a 27.5 per cent share in Wilmar through the Kuala Lumpur-listed PPB Group, a major corporate vehicle of Robert Kuok and the largest shareholder in Wilmar.
180
L. Etter (2007) ‘ADM seeks global options with biodiesel markets’, Wall Street Journal Online, 15 February 2007. www.emergingmarkets.com/biodiesel/press/Biodiesel2020_WallStreetJournal_0207.pdf
181
K. Fehrenbacher (2010) ‘10 of Cargill’s next-gen biofuel bets’, gigaom, 19 August 2010. http://gigaom.com/cleantech/10-of-cargills-next-gen-biofuel-bets/0; Cargill website, ‘Biofuels from renewable feedstocks’. http://www.cargill.com/corporate-responsibility/environmentalsustainability/pioneering-new-businesses/biofuels/index.jsp; D. Cameron (2007) ‘Cargill Chief in Warning over Biofuels Boom’, Financial Times, 30 May 2007. www.ft.com/cms/s/0/ff76e900-0e4a11dc-8219-000b5df10621.html#ixzz1V3BTNUmM; Biofuels Digest (2011) ‘Cargill acquires idled T&L ethanol plant in Iowa’, 1 April 2011. http://biofuelsdigest.com/bdigest/2011/04/01/cargill-acquires-idledtl-ethanol-plant-in-iowa
182
Chemical & Engineering News (2010) ‘Virent raises $46.4 mn in venture funding’, 14 June 2010.
183
Cargill (2006) ‘New shareholders for Greenergy biodiesel production business’, press release, 28 February 2006. www.cargill.com/news-center/news-releases/2006/NA3008060.jsp
184
K. Fehrenbacher (2010) op. cit.
185
Cargill (2006) op. cit.
186
Reuters (2011) ‘Mergers, takeovers in Brazil's ethanol industry’, 6 June 2011. http://www.reuters.com/article/2011/06/06/brazil-ethanol-mergersidUKN0615883520110606?type=companyNews
187
K. Fehrenbacher (2010) op. cit.
188
Biofuels Digest (2010) ‘Bunge to invest $2.6 billion in Brazilian sugar, ethanol by 2012 in wake of Moema deal’, 12 April 2010. http://biofuelsdigest.com/bdigest/2010/04/12/bunge-to-invest-2-6-billion-inbrazilian-sugar-ethanol-by-2012-in-wake-of-moema-deal/
189
Biofuels Digest (2010) ‘Bunge targeting sugarcane land with proposed $100 million buyout fund’, 20 May 2010. http://biofuelsdigest.com/bdigest/2010/05/20/bunge-targeting-sugarcane-land-withproposed-100-million-buyout-fund/; Biofuels Digest (2010) ‘Bunge to invest $2.6 billion in Brazilian sugar, ethanol by 2012 in wake of Moema deal’, op. cit.
190
191 192
76
Louis Dreyfus Commodities website, ‘Sugar ethanol mills business’. http://www.ldcommodities.com/Sugar-Ethanol-Mills-Business-.html LDC SEV website, ‘Products’. http://www.ldcsev.com/inter.php?id=200&ct=5400 M. Rosegrant (2008) ‘Biofuels and Grain Prices: Impacts and Policy Responses’, International Food Policy Research Institute, Testimony for the US Senate Committee on Homeland Security and Governmental Affairs, 7 May 2008. www.ifpri.org.
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