In Nebraska, Law Street Media reports that Green Plains Inc. and its subsidiaries filed a complaint in the District of Nebraska against Archer Daniels Midland Company alleging it had manipulated the ethanol derivative contracts market and violated the Commodities Exchange Act. According to the complaint, the plaintiff, Green Plains Inc., produces and sells over a […]
In Illinois, ADM and Gevo, Inc. have signed a memorandum of understanding (MoU) to support the production of sustainable aviation fuel (SAF) and other low carbon-footprint hydrocarbon fuels. The MoU contemplates the production of both ethanol and isobutanol that would then be transformed into renewable low carbon-footprint hydrocarbons, including SAF, using Gevo’s processing technology and […]
In Illinois, ADM reached an agreement to sell its ethanol production complex in Peoria, Illinois to biofuels supplier, BioUrja Group. The deal is expected to close in the coming weeks. ADM will work closely with BioUrja to ensure a smooth transition of the approximately 150 colleagues at Peoria. “The sale of our Peoria facility is […]
In Slovenia, ADM is making a leading equity investment in Acies Bio, a Slovenia-based biotechnology company specializing in R&D and manufacturing services for developing and scaling synthetic biology and precision fermentation technologies for sustainable food, agriculture and biobased industrial applications. This investment will help ADM more quickly advance projects in the field of precision microbial […]
Using astronaut blood to build infrastructure on Mars sounds like part of a sci-fi movie but researchers are working on doing just that thanks to a protein in human blood and an acid in human urine that can bind to Mars dust to create a material strong enough to build infrastructure. In today’s Digest, there’s […]
In the US, Archer Daniels Midland and LG Chem have signed a memorandum of understanding to jointly evaluate building a lactic acid and polylactic acid bioplastics facility. Under the terms of the agreement, the two companies will work toward founding joint venture in early 2022 that would build, own and operate a US-based facility to […]
In Illinois, one of the five trucks used in last year’s cooperative B100 pilot program will be on display at the 2021 Farm Progress Show in Decatur, Illinois. The pilot, conducted by ADM, the Illinois Soybean Association (ISA), Optimus Technologies, American Lung Association (ALA), National Biodiesel Board (NBB) and Missouri Soybean Merchandising Council was designed to demonstrate […]
In Nebraska, DTN reports U.S. District Court for the Central District of Illinois in Urbana dismissed Green Plain’s lawsuit against Archer Daniels Midlands for allegedly manipulating ethanol prices at its Argo terminal. The case, similar to the one brought by Midwest Renewable Energy but dismissed on August 9, is based on the Commodity Exchange Act […]
In Ohio, Marathon Petroleum Corp. and ADM are forming a joint venture for the production of soybean oil to supply rapidly growing demand for renewable diesel fuel. The Spiritwood complex is expected to produce approximately 600 million pounds of refined soybean oil annually, enough feedstock for approximately 75 million gallons of renewable diesel per year. […]
In Illinois, Bloomberg reports a US District Court judge has thrown out an attempted antitrust case over Archer Daniels Midland allegedly manipulating ethanol prices, saying the lead plaintiff hadn’t sufficiently proven that it had been “knocked out of the market”. As a result, the judge for the Central District of Illinois has given the company […]
Iowa –
