Tag: ADM

CCS technology at ADM’s Decatur biofuel facility may be scaled up in South Africa

CCS technology at ADM’s Decatur biofuel facility may be scaled up in South Africa

December 14, 2016 |

In South Africa, ADM’s carbon capture and storage trial project at its biofuel plant in the Illinois basin that has successfully stored 1 million metric tons of CO2 will be scaled up to use alongside coal mines in Esteven in conjunction with Canada’s Petroleum Technology Research Center, the Illinois State Geological Survey, and the South […]

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ADM to set up renewable natural gas project at Decatur facility

ADM to set up renewable natural gas project at Decatur facility

December 12, 2016 |

In Illinois, Archer Daniels Midland Co. recently announced a project in which renewable natural gas, produced as a byproduct at ADM’s corn processing facility in Decatur, Illinois, will be distributed by Ameren Illinois into the nation’s natural gas infrastructure. Methane is a natural byproduct of the anaerobic digestion process from ADM’s Decatur wastewater treatment facility. […]

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ADM reports sharply increased income, says operating conditions “improving”

ADM reports sharply increased income, says operating conditions “improving”

November 6, 2016 |

In Illinois, Archer Daniels Midland Company reported  Q3 net income of $341 million, or $0.58 per Share “After working through the challenging environment in the first half of the year, we capitalized on improving operating conditions in the third quarter and are positioned well for a solid finish to the year,” said ADM Chairman and […]

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ADM evaluating bids for US three ethanol plants

ADM evaluating bids for US three ethanol plants

September 15, 2016 |

In Argentina, ADM said it is evaluating bids on the three ethanol plants it is looking to sell in the US, with the CEO describing the bids as “very good,” saying there is a lot of competitive tension in the industry around acquiring the facilities. Bids received including offers for purchasing the ethanol plants out […]

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Strategic Intent: The Digest’s 2016 Multi-Slide Guide to ADM and ArcelorMittal

Strategic Intent: The Digest’s 2016 Multi-Slide Guide to ADM and ArcelorMittal

August 22, 2016 |

This season, we are conducting Strategic Intent, our 19 webinar series on major companies and their partnerships, progress and plans in the Advanced Bioeconomy. In this edition, we explored Archer Daniels Midland and ArcelorMittal in the interactive webinar format. Here are the slides from our Digest presentation, focusing on the innovations, M&A activity, target molecules and more […]

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ADM says “Market conditions began to turn in the quarter” in announcing “challenging” Q2 results

ADM says “Market conditions began to turn in the quarter” in announcing “challenging” Q2 results

August 7, 2016 |

In Illinois, Archer Daniels Midland Company reported a $128M drop in operating profits for Q2 2016 compared to Q2 2015, the fifth consecutive quarter of decline for the agro-giant. “After a challenging start to the year, general market conditions began to turn at the end of the second quarter, providing us with improved opportunities for […]

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ADM expects the first bids for its dry mill ethanol plants in August

ADM expects the first bids for its dry mill ethanol plants in August

August 3, 2016 |

In Illinois, ADM has been open in its exploration of what to do with its dry ethanol mill assets from sale to JV and now expects to receive bids by the end of August following presentations to seven potential buyers. Half of the company’s 1.8 billion gallons of ethanol production occurs at its three dry […]

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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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