Tag: ADM

Sweet smell of success: Greenyug, ADM taking biobased chemicals to scale

Sweet smell of success: Greenyug, ADM taking biobased chemicals to scale

June 20, 2016 |

Digest readers didn’t place ethyl acetate in the top 50 in our “Hottest Biobased Molecules” in our early 2016 poll — so, prepare for a shocker. In California, Greenyug said it will build an industrial-scale ethyl acetate manufacturing facility adjacent to Archer Daniels Midland Company’s wet mill corn processing facilities in Columbus, Nebraska. Greenyug has […]

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ADM finalizes sales of Brazilian ethanol plant

ADM finalizes sales of Brazilian ethanol plant

May 25, 2016 |

In Illinois, Archer Daniels Midland Company announced that it had completed the sale of its sugarcane ethanol operations in Limeira do Oeste, in the Brazilian state of Minas Gerais. “ADM’s Corn business is delivering on its strategy of diversifying our portfolio and expanding our global footprint, while addressing underperforming businesses,” said Chris Cuddy, president of […]

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Earnings Season: REG, Green Plains, BioAmber, ADM report improving outlooks, growth prospects

Earnings Season: REG, Green Plains, BioAmber, ADM report improving outlooks, growth prospects

May 3, 2016 |

Q1 earnings season for the advanced bioeconomy kicked off this week, with reporting from  Green Plains, ADM, REG and BioAmber. That’s an ag giant, an ethanol monster, a biomass-based diesel dominator and a fast-upcoming renewable chemicals maker. Between the four, we have a good opportunity to check the sector’s health. Overall, markets were unhappy today, […]

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Archer Daniels Midland to sell Brazilian sugarcane ethanol operations

Archer Daniels Midland to sell Brazilian sugarcane ethanol operations

April 4, 2016 |

In Illinois, Archer Daniels Midland Company will sell its sugarcane ethanol operations in Limeira do Oeste to JFLim Participações S.A. The sale will encompass ADM’s sugarcane plantation and ethanol distillery, capable of producing 37,000 gallons of ethanol per year, and is expected to close in the second quarter of this year. President of ADM’s corn […]

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ADM to mothball Brazilian ethanol plant until it can sell the facility

ADM to mothball Brazilian ethanol plant until it can sell the facility

February 25, 2016 |

In Brazil, Archer Daniel Midlands plans to mothball its Limeira do Oeste ethanol plant during the next season, following failed attempts since 2012 to sell it. The facility has been shutdown since the end of the crush in December for annual maintenance. The company is also looking to potentially sell off three dry mill ethanol […]

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ADM may be stuck with dry corn mills in tough assets market

ADM may be stuck with dry corn mills in tough assets market

February 4, 2016 |

In Illinois, ADM may be stuck with the three dry corn mills it is thinking about potentially selling with few potential takers in the market considering the half billion dollar ticket price for two of the near facilities and the fact that Abengoa’s biofuel assets also recently came on the market. Though consolidation has been […]

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ADM rethinking its dry corn mills in light of oversupplied ethanol market

ADM rethinking its dry corn mills in light of oversupplied ethanol market

February 3, 2016 |

In Minnesota, oversupply of the ethanol market and weak margins has Archer Daniels Midland looking at other options for its three dry corn milling assets rather than producing ethanol as it attempts to reduce its capital investments by about $1 billion. Since 2006, the company has invested $1.3 billion to build two new dry mills. […]

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DuPont Industrial Biosciences, ADM find “breakthrough process” for a “long-sought molecule”

DuPont Industrial Biosciences, ADM find “breakthrough process” for a “long-sought molecule”

January 19, 2016 |

In Delaware, DuPont Industrial Biosciences and Archer Daniels Midland announced a new breakthrough process in producing FDME from fructose, with “the potential to expand the materials landscape in the 21st century with exciting and truly novel, high-performance renewable materials”, the companies said in a joint release. You’ll love it. You’ll need it. You’ll want it. […]

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New building block: The Digest’s 2016 8-Slide Guide to Dupont, ADM’s novel FDME pathway

New building block: The Digest’s 2016 8-Slide Guide to Dupont, ADM’s novel FDME pathway

January 19, 2016 |

This week, DuPont Industrial Biosciences and Archer Daniels Midland announced a new “breakthrough process” in producing FDME from fructose, with “the potential to expand the materials landscape in the 21st century with exciting and truly novel, high-performance renewable materials”, the companies said in a joint release. It’s FDME, or furan dicarboxylic methyl ester, with applications in packaging, […]

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ADM teams with Kinder Morgan on new NC train rail facility and ethanol offloading system

ADM teams with Kinder Morgan on new NC train rail facility and ethanol offloading system

December 23, 2015 |

In Illinois, Archer Daniels Midland Company announced an agreement with Kinder Morgan, Inc. and Bailey Feed Mill to construct a new unit train rail facility and ethanol offloading system in Selma, North Carolina. KMI will invest in and construct the new facilities, which will be located at the Bailey Feed Mill and will have the […]

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