ADM to Build Biodiesel Plant in Lloydminster, Canada
November 14 2011 - 11:00AM
Business Wire
Archer Daniels Midland Company (NYSE: ADM) today announced that
it will build a 265 million liter (70 million gallon) biodiesel
plant in Lloydminster, Alberta, Canada, which will increase ADM’s
North American biodiesel production capacity by 50 percent. The
biodiesel plant will be located adjacent to the company’s existing
canola crushing facility in Lloydminster which will help optimize
ADM’s agricultural origination, transportation and processing
assets in Canada.
“The same agricultural processing operations we use to transform
canola into oil for food and meal for animal feed also provide ADM
with the ability and scale to efficiently produce cleaner-burning,
renewable biodiesel,” said Mike Livergood, ADM vice president,
global oleo chemicals. “This new biodiesel facility will help
support canola crush margins and capacity utilization at this
facility.”
Biodiesel produced at ADM’s facility in Lloydminster will help
fulfill Canada’s renewable diesel mandate. Since July 1, 2011, all
diesel fuel and heating oil sold in Canada must contain at least 2
percent biodiesel.
“Biodiesel represents a smart investment for ADM and for
Canada,” said J.P. Montalvo, commercial manager at ADM’s
Lloydminster facility. “A robust Canadian biodiesel industry
diversifies the fuel supply, provides environmental benefits and
fosters increased local demand for canola, which creates value for
rural communities. We look forward to working with canola producers
to help meet Canada’s desire for renewable biodiesel.”
Construction on the facility will commence in spring 2012, and
be completed in the fourth quarter of calendar year 2013.
In March, ADM announced plans to double the canola seed
receiving capabilities and storage capacity at the Lloydminster
facility. The project, which is expected to be completed by the end
of the calendar year, includes the construction of five new storage
bins and a second receiving system, which is expected to
significantly reduce unloading times for area farmers.
ADM in Canada
In Canada, ADM sources, stores, transports and processes crops
such as wheat, cocoa and oilseeds at a total of 24 facilities
operated by more than 950 men and women. These operations include
wheat mills and bakery mix plants; oilseeds crushing plants and
refineries; cocoa processing facilities; grain elevators; and
plants that blend fertilizer and manufacture animal feed and feed
ingredients.
ADM operates two oilseeds processing facilities in Canada. The
Windsor, Ontario, plant crushes soybeans and canola for use in
various food ingredients and animal feeds. The plant is served by
two grain elevators and two grain procurement offices, and a
Montreal sales office helps market its products. In Lloydminster,
Alberta, ADM crushes canola and exports much of the resulting oil
to Asia for food applications, and to Europe for use as a biodiesel
feedstock. Canola meal is used principally for livestock feed.
ADM’s Lloydminster plant is served by elevators in Watson and
Carberry.
About ADM
For more than a century, the people of Archer Daniels Midland
Company (NYSE: ADM) have transformed crops into products that serve
vital needs. Today, 30,000 ADM employees around the globe convert
oilseeds, corn, wheat and cocoa into products for food, animal
feed, chemical and energy uses. With more than 265 processing
plants, 400 crop procurement facilities, and the world’s premier
crop transportation network, ADM helps connect the harvest to the
home in more than 160 countries. For more information about ADM and
its products, visit www.adm.com.
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