Tag: ADM

U.S. Department of Energy announces $27M in plastics R&D, LanzaTech, Algenesis, BASF, Pepsi, Stora Enso, ADM, AltAir included

U.S. Department of Energy announces $27M in plastics R&D, LanzaTech, Algenesis, BASF, Pepsi, Stora Enso, ADM, AltAir included

October 18, 2020 |

What does plastic have to do with the bioeconomy? Well, everything. It’s about taking plastic waste, breaking it down into building blocks and converting it into a valuable treasure and it’s about creating biobased plastics. News from the U.S. Department of Energy on their $27 million in funding for plastics recycling and new biobased plastics […]

Read More

ADM and Spiber sign production pact

ADM and Spiber sign production pact

October 5, 2020 |

In Japan, protein fermentation firm Spiber has entered into a production partnership with US agribusiness giant ADM. Under the terms of the agreement, the two companies will expand production of Spiber’s Brewed Protein polymers for use in apparel and other consumer products. The collaboration will combine Spiber’s structural protein fermentation technology with ADM’s expertise in […]

Read More

ADM not sure when it will reopen idled dry milling ethanol plants

ADM not sure when it will reopen idled dry milling ethanol plants

August 4, 2020 |

In Iowa, Brownfield Ag News reports that despite initial expectations that it would idle dry mill ethanol plants in Iowa and Nebraska for four months, ADM said last week it wasn’t sure of when they would reopen. Originally idled in late April in response to falling demand from COVID-19 related impacts, they should have been […]

Read More

ADM partners with U.S. Soybean Export Council to certify U.S. for EU sustainability schemes

ADM partners with U.S. Soybean Export Council to certify U.S. for EU sustainability schemes

July 23, 2020 |

In Missouri, ambition for a sustainable future by the U.S. soybean industry, ADM and one other U.S. exporter have partnered with the U.S. Soybean Export Council (USSEC) to certify U.S. Soy as part of the SSAP-RED (U.S. Soy Sustainability Assurance Protocol-Renewable Energy Directive) program. This voluntary program, with support from the United Soybean Board, meets […]

Read More

Green Plains files class action suit against ADM alleging Chicago Argo price manipulation

Green Plains files class action suit against ADM alleging Chicago Argo price manipulation

July 15, 2020 |

In Illinois, Reuters reports that Green Plains has filed a class action lawsuit against Archer Daniels Midland with the U.S. District Court of Nebraska, saying that the company not only manipulated the price of ethanol at its Argo terminal to increase its profit but that it was done with the knowledge of senior ADM executives. […]

Read More

ADM shifts ethanol production to industrial at Clinton, Iowa facility

ADM shifts ethanol production to industrial at Clinton, Iowa facility

June 23, 2020 |

In Illinois, ICIS reports that Archer Daniels Midland has further expanded its industrial alcohol production, first at its Peoria, Illinois facility and now at its Clinton, Iowa facility in an effort to meet continued demand for hand sanitizers and other industrial uses. The company said that the additional production capacity will be available on demand, […]

Read More

ADM partners with Sazerac for hand sanitizer production, reports Q1 net earnings of $391M

ADM partners with Sazerac for hand sanitizer production, reports Q1 net earnings of $391M

May 3, 2020 |

In Illinois, ADM reported its first quarter earnings showing Ag Services and Oilseeds and Nutrition both delivering strong results and higher than last year but carbohydrate solutions lower than last year’s Q1. It also reported that it is providing industrial ethyl alcohol to Sazerac and is donating sanitizer to Decatur healthcare and long-term care facilities. […]

Read More

ADM to reduce ethanol grind in response to market conditions

ADM to reduce ethanol grind in response to market conditions

April 26, 2020 |

In Illinois, ADM is temporarily idling ethanol production at the company’s corn dry mill facilities in Cedar Rapids, Iowa, and Columbus, Nebraska. ADM is managing ethanol production throughout its U.S. corn processing network to focus on cash flows and to divert corn grind to other products that are in higher demand, such as alcohol for […]

Read More

ADM may exit ethanol business: in talks with up to 5 contenders for sale, JV

ADM may exit ethanol business: in talks with up to 5 contenders for sale, JV

January 9, 2020 |

In Illinois, Bloomberg is reporting that agrigiant Archer-Daniels-Midland, is underway on talks that would result in the divestiture of its ethanol production plants. Bloomberg disclosed that as many as five companies are discussing a potential joint venture or outright acquisition of ADM’s entire fleet of ethanol dry mills, which most recently topped 1 billion gallons […]

Read More

Swiss company suing ADM for allegedly manipulating Argo ethanol market

Swiss company suing ADM for allegedly manipulating Argo ethanol market

September 5, 2019 |

In Illinois, Reuters reports that a Swiss energy trading company has filed suit against Archer Daniel Midland in US District Court in Urbana, accusing the global grain and ethanol giant of manipulating ethanol prices in order to profit from a short position it held in the futures market. The suit says the company would aggressively […]

Read More