Tag: ADM

image_pdfimage_print
ADM to mothball German biodiesel plant until at least Q3

ADM to mothball German biodiesel plant until at least Q3

June 2, 2015 |

In Germany, ADM plans to temporarily mothball its biodiesel facility in Leer until market conditions improve. It doesn’t plan to shut down any of its other facilities. The company says it will reassess the biodiesel market during the third quarter and then decide whether or not to reopen the facility that reported produces around 120,000 […]

Read More

ADM pulls back from ethanol as demand flattens

ADM pulls back from ethanol as demand flattens

May 25, 2015 |

In Minnesota, ADM is pulling back from ethanol production and high fructose corn syrup to focus more on other high value food ingredients where the company thinks it will get more value from its global corn supplies. More niche products are expect to help the company buoy from the flat demand expectations from ethanol going […]

Read More

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.

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More

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.  

Read More