Tag: ADM

Fuels America leaders say “thank you, President Trump” for RFS support

Fuels America leaders say “thank you, President Trump” for RFS support

November 10, 2017 |

In Washington, a coalition of the nation’s leaders in advanced and cellulosic biofuels thanked President Trump for his commitment to the RFS, which “has attracted billions of dollars of investment in first-of-a-kind technologies in the advanced and cellulosic biofuels industry.” They also express concerns about the EPA’s July proposal to reduce White House-approved growth in […]

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ADM sees China importing ethanol and corn for E10 as it looks towards 2G

ADM sees China importing ethanol and corn for E10 as it looks towards 2G

November 2, 2017 |

In China, Archer Daniels Midland believes the country will be a major importer of US corn and ethanol in its three-year run up to an E10 mandate in 2020 that will see ethanol demand increase more than five-fold to 12 million metric tons from the current 2.6 million. With the aim to rely on advanced […]

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DuPont and ADM win 2017 Innovation in Bioplastics Award

DuPont and ADM win 2017 Innovation in Bioplastics Award

August 27, 2017 |

In Washington, D.C., the Bioplastics Division, a part of the Plastics Industry Association, announced DuPont Industrial Biosciences and Archer Daniels Midland as the winners of the 2017 Innovation in Bioplastics Award. The two companies developed a method to produce furan dicarboxylic methyl ester (FDME), a biobased monomer, from fructose derived from corn starch. This is […]

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ADM and Green Plains switch to potable and industrial ethanol to reduce glut

ADM and Green Plains switch to potable and industrial ethanol to reduce glut

August 2, 2017 |

In Illinois, ADM and Green Plains as well as potentially others are converting some of their fuel ethanol production to potable and industrial ethanol in an attempt to reduce the supply glut currently plaguing the market. ADM’s shift alone will remove 100 million gallons from the market but it’s only a fraction of its 1.8 […]

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ADM sees strong ethanol exports continuing to Brazil in Q2

ADM sees strong ethanol exports continuing to Brazil in Q2

May 2, 2017 |

In Illinois, despite the Brazilian government contemplating a 20% import tariff on ethanol, the CEO of Archer Daniels Midland expects US ethanol exports to remain strong during Q2 and Brazil to continue to be a key export destination during that period. With US ethanol demand seen at around 14.7 billion gallons this year, he expects […]

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The pile-on for bionylon: ADM, Rennovia, JM accelerate the chase

The pile-on for bionylon: ADM, Rennovia, JM accelerate the chase

February 22, 2017 |

Just when we’ve chided ADM for being quieter in the sector than a Sensory Deprivation Chamber, they’ve gone and been associated with two major announcements in the week leading up to ABLC. From California we learn that Johnson Matthey and Rennovia have signed a license agreement with Archer Daniels Midland Company to provide catalyst and […]

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Greenyug to go commercial-scale in 2017, signs key ethyl acetate offtake deal with Helm

Greenyug to go commercial-scale in 2017, signs key ethyl acetate offtake deal with Helm

February 21, 2017 |

In California, HELM AG and Greenyug signed an off-take agreement for the purchase and sale of bio-based Ethyl Acetate produced at Greenyug’s planned Ethyl Acetate facility in Columbus, Nebraska. This agreement will make significant amounts of bio-based Ethyl Acetate available first time to the market. As we reported last June, Greenyug has formed a subsidiary, […]

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ADM profit jumps 30% to $424M in Q4

ADM profit jumps 30% to $424M in Q4

February 12, 2017 |

In Illinois, Archer Daniels Midland Company (NYSE: ADM) reported Q4 earnings of $424 million, or $0.73 per Share, and $0.75 per Share on an Adjusted Basis. The company noted adjusted segment operating profit up over 30 percent compared to prior fourth quarter, and said that it expected improvements across all businesses, project launches lead to […]

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ADM says will hold on to dry mill ethanol plants as it seeks better shareholder value

ADM says will hold on to dry mill ethanol plants as it seeks better shareholder value

February 8, 2017 |

In Illinois, Archer Daniels Midland’s CEO said the company is holding off on selling its dry mill ethanol plants in hopes of ensuring more value for shareholders when potential new tax structures come into place such as the proposed cut in corporate tax rates to 20% from the current 35% as proposed by the Speaker […]

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ADM offsets Q4 losses with strong ethanol results but market starting to turn

ADM offsets Q4 losses with strong ethanol results but market starting to turn

February 7, 2017 |

In Illinois, it appears that Archer Daniels Midland hasn’t been able to successfully offload its dry mill ethanol plants before margins went into negative territory. In its Q4 reporting this week, no mention was made of the future of the plants. The company’s corn processing unit saw better results thanks to steady demand for ethanol […]

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