Archive for October 25th, 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, ...