Tag: ADM



ADM to close North Dakota ethanol plant

Tweet In North Dakota, ADM will close its ethanol plant in Walhalla in April, the northernmost ethanol plant in the US just 5 miles from the Canadian border, eliminating all 61 jobs at the facility. The company says the decision was made because the facility is located too far away from corn producing areas to [...]

February 7, 2012 More

ADM and Metabolix get divorced; chilling effect on biofuels IPOs?

Tweet In Massachusetts, ADM has given notice of termination of the Telles joint venture for PHA bioplastics, effective February 8, 2012.  Telles was established as a joint venture between Metabolix and ADM in July 2006. Telles sells PHA-based bioplastics, including Mirel and Mvera, in the US, Europe and other countries. All Metabolix technology that was [...]

January 18, 2012 More

Biofuels Digest Index flat at 71.13 as investors shrug off ADM-Metabolix divorce

Tweet The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, was flat at 71.13 as investors shrugged off ADM’s abandonment of the Tellus JV with Metabolix. For the day, BP rose 1.07 percent to $44.24, while Aventine Renewables (AVRW) fell 5.56 percent to $4.25. Among other equities, Valero (VLO) jumped 4.80 percent to [...]

January 18, 2012 More

Biofuels Digest Index closes 2011 at 70.34 as advanced biofuels surge

Tweet The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, finished 2011 with a 0.46 percent gain to 70.34 as advanced biofuels stocks surged.  For the day, Archer Daniels Midland (ADM) fell 0.49 percent to $28.60, while KiOR (KIOR) soared 11.01 percent to $10.18.  Among other equities, Gevo (GEVO) rocketed up 9.58 percent [...]

January 1, 2012 More

Biofuels Digest Index jumps to 70.02 as advanced biofuels recover

Tweet The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, jumped 1.02 percent to 70.02 as advanced biofuels recovered. For the day, Archer Daniels Midland (ADM) rose 1.30 percent to $28.74, while KiOR (KIOR) regained 3.62 percent to $9.17.  Among other equities, Solazyme (SZYM) added 3.15 percent to $11.46. Overall, advances led declines [...]

December 30, 2011 More

Biofuels Digest Index dips to 70.40 in light holiday trading

Tweet The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, dipped 0.40 percent to close at 70.40 in thin holiday trading. For the day, Archer Daniels Midland (ADM) slipped 0.07 percent to $29.04, while KiOR (KIOR) fell 6.97 percent to $9.74.  Among other equities, Mission NewEnergy (MNEL) shed 3.14 percent  to $2.16. Overall, [...]

December 28, 2011 More

Biofuels Digest Index rises to 70.68 on advanced biofuels recovery

Tweet The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, rose 0.74 percent to close at 70.68 as advanced biofuels recovered. For the day, Archer Daniels Midland (ADM) gained 1.25 percent to $29.06, while KiOR (KIOR) jumped 408 percent to $10.47.  Among other equities, Mission NewEnergy (MNEL) shed 5.11 percent  to $2.23. Overall, [...]

December 26, 2011 More

Biofuels Digest Index jumps to 70.16 as advanced bio surges

Tweet The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, rose 1.11 percent to close at 70.16 as advanced biofuels recovered. For the day, Archer Daniels Midland (ADM) gained 0.10 percent to $28.70, while Codexis (CDXS) jumped 6.90 percent to $5.89 .  Among other equities, Mission NewEnergy (MNEL) advanced 4.44 percent  to $9.35. [...]

December 23, 2011 More

Biofuels Digest Index slips to 69.39 as biodiesel sputters

Tweet The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, slipped 0.36 percent to close at 69.39 as biodiesel tumbled. For the day, Archer Daniels Midland (ADM) rose 1.13 percent to $28.67, while KiOR (KIOR) plunged 8.12 percent to $10.19 .  Among other equities, Green Plains Renewable Energy (GPRE) fell 4.94 percent  to [...]

December 22, 2011 More

Biofuels Digest Index soars to 69.64 as global equities recover

Tweet The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, soared 3.89 percent to close at 69.64 as global equities advanced strongly on good macroeconomic tidings. For the day, Archer Daniels Midland (ADM) jumped 3.96 percent to $28.35, while Amyris (AMRS) rocketed up 5.63 percent to $10.51.  Among other equities, Codexis (CDXS) recovered [...]

December 21, 2011 More