Tag: ADM

Green Plains sues ADM over ethanol derivatives contract market

Green Plains sues ADM over ethanol derivatives contract market

October 31, 2021 |

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 […]

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ADM and Gevo sings MOU to produce SAF and other low carbon fuels

ADM and Gevo sings MOU to produce SAF and other low carbon fuels

October 25, 2021 |

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 […]

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ADM reaches agreement with BioUrja Group for sale of Peoria ethanol facility

ADM reaches agreement with BioUrja Group for sale of Peoria ethanol facility

October 24, 2021 |

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 […]

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Precision fermentation leader Acies Bio gets investment from ADM for microbial science and tech

Precision fermentation leader Acies Bio gets investment from ADM for microbial science and tech

October 24, 2021 |

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 […]

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Blood buildings, mushroom mania, lab-grown coffee, ADM, LG Chem, Ginkgo Bioworks news, and more: The Digest’s Top 8 Innovations for the week of September 24th

Blood buildings, mushroom mania, lab-grown coffee, ADM, LG Chem, Ginkgo Bioworks news, and more: The Digest’s Top 8 Innovations for the week of September 24th

September 23, 2021 |

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 […]

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ADM, LG Chem eye US bioplastics plant

ADM, LG Chem eye US bioplastics plant

September 20, 2021 |

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 […]

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B100 pilot truck to be displayed at 2021 Farm Progress Show 

B100 pilot truck to be displayed at 2021 Farm Progress Show 

August 31, 2021 |

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 […]

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U.S. District Court dismisses Green Plain’s lawsuit against ADM for manipulating ethanol prices

U.S. District Court dismisses Green Plain’s lawsuit against ADM for manipulating ethanol prices

August 24, 2021 |

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 […]

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Marathon, ADM form joint venture for renewable diesel production

Marathon, ADM form joint venture for renewable diesel production

August 22, 2021 |

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. […]

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US District Court judge gives plantiff two weeks to refile failed ADM antitrust case

US District Court judge gives plantiff two weeks to refile failed ADM antitrust case

August 16, 2021 |

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 […]

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