Archive for October, 2021

CHICAGO, ILLINOIS, US — ADM and Gevo, Inc. will work together to support the production of sustainable aviation fuel and other low carbon-footprint hydrocarbon fuels.

As part of the memorandum of understanding, ethanol and isobutanol would be transformed into renewable low carbon-footprint hydrocarbons, including SAF, using Gevo’s processing technology and capabilities.

About 900 million gallons of ethanol produced at ADM’s dry mills in Columbus, Nebraska, US; Cedar Rapids, Iowa, US; and Decatur, Illinois, US, is expected to be processed with this technology. ...

CHICAGO, ILLINOIS, US – Archer Daniels Midland Co. (ADM) announced on Oct. 21 that it has reached an agreement to sell its ethanol production complex in Peoria, Illinois, to BioUrja Group, a Houston, Texas, US-based company.

Juan Luciano, ADM’s chief executive officer, said the sale of the Peoria facility was an important element of the strategic review of its dry mill ethanol assets.

“By reducing our ethanol capacity by 135 million gallons and redeploying the resulting capital to other strategic growth investments, ...

CHICAGO, ILLINOIS, US — Advanced renewables, plant-based lifestyles, clean and transparent sourcing, and sustainable goodness are among the eight trends ADM sees fueling current and future global growth.

Drawing on research from its Outside Voice consumer insights platform, the company’s top trends for 2022 point the way for ADM’s innovation, renovation and development platforms, the company said. Many of the trends are being shaped by the coronavirus pandemic that has lingered for the past 18 months.

“Consumers today continue to navigate a ...

UZWIL, SWITZERLAND — Bühler will build a new oat mill from Suomen Viljava in Finland.

Installation of the mill will start in September 2022 with operations starting in 2023. In addition to groats and flakes, the mill will produce oat hulls pellets for the Baltic rim countries’ feed and biofuel markets.

“Viljava has been planning an oat mill to Rauma for a long time and we are convinced that the cooperation with Bühler in this ambitious project will support us to reach ...

BOCA RATON, FLA. – Tom Kice, retired president and chief executive officer of Kice Industries, has been elected an honorary member of the North American Millers’ Association. Mr. Kice was named an honorary member in an Oct. 8 ceremony during the NAMA annual meeting at the Boca Raton Beach Club hotel in Boca Raton.

A native of Wichita, Mr. Kice graduated in 1972 from Wichita State University with a business administration degree. He served in the Kansas Air National Guard from ...

FARGO, NORTH DAKOTA, US — Bushel, an independently owned software technology company focused on developing solutions for the grain supply chain, has acquired GrainBridge, LLC, a joint venture owned by Chicago, Illinois, US-based ADM and Minneapolis, Minnesota, US-based Cargill. Financial terms of the transaction were not disclosed.

GrainBridge employees remain based in Omaha, Nebraska, US, and their data expertise is expected to be tapped into to further strengthen the end-to-end capabilities of the Bushel platform and enable Bushel’s customers to better ...

CHICAGO, ILLINOIS, US — Archer Daniels Midland Co. (ADM) was ranked 27th on Fortune’s 2021 Change the World list, which ranks the top 50 companies making a positive impact through practices that are part of their core corporate purposes.

ADM has pioneered innovations in protein for more than seven decades, starting in the 1950s and 1960s and the invention of textured vegetable protein. The company patented it as the first plant-based meat alternative and created the world’s first soy-based patty in ...