Miller Magazine Issue: 138 June 2021
40 MILLER / june 2021 NEWS ADM announced its plan to build North Dakota’s first-ever dedicated soybean crushing plant and refinery to meet fast-growing demand from food, feed, industrial and biofuel customers, including producers of renew- able diesel. Based in Spiritwood, ND, the approximately $350 million crush and refining complex will feature state-of-the-art auto- mation technology and have the capacity to process 150,000 bushels of soybeans per day. Strategically located in a major soybean producing area, ADM’s global logistics network will enable the facility to access both domestic and global markets for soybean oil and meal. The facility is expected to be com- plete prior to the 2023 harvest. “ADM’s commitment to preserving and protecting our plan- et’s resources stretches from the farm gate to the food on our tables and the renewable fuel we put in our vehicles,” said Greg Morris, president of ADM’s Ag Services & Oilseeds busi- ness. “This exciting new project allows us to partner with North Dakota farmers to further advance the role of agriculture in addressing climate change through the production of low car- bon feedstocks for products such as renewable diesel.” “This soybean processing plant is a gamechanger for North Dakota farmers, adding value and expanding the market for this important crop closer to home while also supporting the production of products such as renewable green diesel right here in North Dakota,” said North Dakota Governor Doug Bur- gum. “Now, with innovative leader ADM and collaboration with local economic development and multiple state agencies, this exciting value-added project has come to fruition. We’re deep- ly grateful for ADM’s investment in our state and our highly pro- ductive farmers as well as the tireless efforts of so many who helped make this happen, including the Office of State Tax Commissioner, the Jamestown/Stutsman County Development Corp., North Dakota Department of Commerce, North Dako- ta Department of Agriculture, Lt. Gov. Brent Sanford, the state Legislature, and our entire congressional delegation.” “We’ve been working to bring this new soybean crushing facility to North Dakota and met with key leaders from ADM over two years ago to develop this plan,” said Senator John Hoeven. “We’re pleased that this new plant will be open in 2023, as it will provide a significant new market for North Dakota soybean growers, while creating good jobs and eco- nomic growth. We appreciate the work of ADM, as well as the governor, the other members of the delegation and the Jamestown/Stutsman Development Corporation for their ef- forts on this exciting new opportunity.” ADM also plans to invest approximately $25 million to ex- pand refining and storage capacity at its crush and refining facility in Quincy, Illinois. This project will fully align the loca- tion’s refining capabilities with its crush capacity and allow for greater flexibility in meeting the needs of ADM’s food, biofuel and industrial customers. The expanded capacity is expected to be online by Q1 2022. “ADM has an unparalleled opportunity to lead our industry in this area, and thanks to our extensive operational and com- mercial expertise, we are well-positioned to add these shov- el-ready projects to our network and meet the fast-growing needs of customers worldwide for lower carbon, plant-based solutions,” Morris added. ADM to build new soy crushing facility in North Dakota Greg Morris President of ADM’s Ag Services & Oilseeds business
Made with FlippingBook
RkJQdWJsaXNoZXIy NTMxMzIx