Tag: ADM

ADM cuts biodiesel production while transferring to other products at Velva

ADM cuts biodiesel production while transferring to other products at Velva

February 25, 2015 |

In Illinois, ADM has temporarily pulled back biodiesel production at its Velva, North Dakota in favor of other products while scaling down production at other facilities across North America.  The production shift in Velva apparently began a few months ago but the company didn’t comment on production volumes or timetables until returning to production capacity.

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Earnings season: ADM, Syngenta up, Green Plains soars

Earnings season: ADM, Syngenta up, Green Plains soars

February 5, 2015 |

As earnings season begins for Q4 2014, Green Plains EBITDA jumps 42%, cash in hand jumps to $453 million Green Plains In Nebraska, Green Plains announced net income for the quarter was $42.2 million compared to net income of $25.5 million for the same period in 2013. Revenues were $829.9 million for the fourth quarter […]

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ADM sees lower 2015 ethanol margins but that they’ll get better from here

ADM sees lower 2015 ethanol margins but that they’ll get better from here

February 3, 2015 |

In Minnesota, ethanol profit margins are expected to fall for ADM this year, following lower oil prices that have pinched crush margins for corn-based ethanol, though the company expects the situation to improve during the year as demand picks up and some producers mothball temporarily.  The company expects ethanol exports to remain steady in 2015 […]

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ADM’s CCS project hailed a success after storing 1 million tons of carbon

ADM’s CCS project hailed a success after storing 1 million tons of carbon

January 12, 2015 |

In Illinois, ADM’s carbon capture and storage project co-located at its ethanol plant in Decatur has successful stored 1 million metric tons of carbon since coming online in November 2011. So far the carbon has showed no signs of moving upward. ADM is getting ready to drill a second demonstration project that will stores 1.1 […]

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Archer Daniels Midland acquires Specialty Commodities for $191 million

Archer Daniels Midland acquires Specialty Commodities for $191 million

November 24, 2014 |

In Illinois, Archer Daniels Midland has completed its acquisition of Specialty Commodities for $191 million, including $95 million in working capital. “We are continuing to expand our specialty ingredients portfolio to better serve our customers, improve returns and reduce the volatility of our earnings,” said Greg Morris, president of ADM’s WILD Flavors and Specialty Ingredients […]

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ADM’s 3Q ethanol profits soar and expects to continue riding high in 2015

ADM’s 3Q ethanol profits soar and expects to continue riding high in 2015

November 4, 2014 |

In Minnesota, falling ethanol prices and shrinking margins haven’t dampened ADM’s expectations for a strong year ahead for its corn-based ethanol business. This summer’s double whammy of high crush margins and soaring demand led to an increase in profit of 60%.during the third quarter to $363 million. The company is looking again to higher export […]

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Missouri opens ADM Center for Agriculture Development

Missouri opens ADM Center for Agriculture Development

October 9, 2014 |

In Missouri, the grand opening of the Archer Daniels Midland (ADM) Center for Agricultural Development at the University of Missouri College of Agriculture, Food and Natural Resources (CAFNR) was held on Thursday. The ADM Center for Agriculture Development will provide students with opportunities for experiential learning in the latest theories of biofuel development, food production and […]

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EPA approves CCS at ADM ethanol plant

EPA approves CCS at ADM ethanol plant

September 30, 2014 |

In Washington, the EPA has approved a CCS process at an ADM ethanol plant where drilling is expected to begin in November. The project will inject and store 1.1 million metric tons of carbon dioxide from the ethanol plant into the ground every year.  

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ADM seeking federal permission for CCS at Illinois ethanol plant

ADM seeking federal permission for CCS at Illinois ethanol plant

May 22, 2014 |

In Illinois, ADM is seeking federal permission to install a second carbon storage well at its ethanol plant in Decatur. The EPA is responsible for analyzing the permit to make sure that the captured CO2 that is then turned into a liquid when pressurized into the ground doesn’t get into the groundwater. A public hearing […]

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“But I won’t cry for yesterday”: The re-making of the US ethanol industry

“But I won’t cry for yesterday”: The re-making of the US ethanol industry

May 21, 2014 |

The migration from first-gen to next-gen biofuels is becoming less ‘Invisible’ — and the new landscape is not, by anyone’s estimation, an ‘Ordinary World’. If Aemetis’ latest earnings hadn’t rocked your world quite enough, here are 10 hot strategies being pursued right now to morph the old into new. If you remained glued to the television […]

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