ADM Carbon Capture and Storage Project Earns Top Honors from Environment + Energy Leader
July 19 2022 - 9:05AM
Business Wire
Environment + Energy Leader magazine has recognized the Illinois
Basin – Decatur Project, a partnership between ADM (NYSE: ADM) and
the Illinois Geological Survey at the University of Illinois, as a
Top Project of the Year for 2022. The award recognizes exemplary
work being done today in the fields of energy and environmental
management.
The Illinois Basin – Decatur Project is the world’s first
successful completion of a pure storage carbon capture and storage
(CCS) project. Led by the University of Illinois and funded by the
U.S. Department of Energy, the project confirmed the ability of Mt.
Simon Sandstone to safely store one million metric tons of CO2 over
a period of three years, the equivalent of annual emissions from
about 200,000 passenger cars, according to the U.S. EPA
calculator.
“ADM’s project is fantastic,” said one of the judges. “The world
truly needs pure storage CCS projects in order to overcome climate
change, and it is therefore incredible to learn that this has been
the first successful completion of such a project.”
“We have now demonstrated CO2 can be safely injected a mile and
a half under the earth, setting a new milestone for the world’s
understanding and ability to implement industrial CCS systems,”
said Chris Cuddy, President, Carbohydrate Solutions for ADM. “This
project is paving the way to scale the impact of CCS technology as
ADM continues to decarbonize its footprint, while also applying
this cutting-edge technology to reduce CO2 emissions and deliver
more sustainable solutions for our customers.”
To date, ADM’s overall carbon capture and sequestration
capabilities, including the Illinois-Basin Decatur Project and a
second well, the Illinois Industrial Sources Carbon Capture and
Storage Project, have allowed it to safely and permanently store
more than 3.5 million metric tons of CO2. ADM is continuing to
explore expanded capacity for the existing CCS wells in Decatur and
recently announced a project with Wolf Carbon Solutions, who will
develop, own and operate a 350-mile pipeline to transport CO2 from
ADM’s ethanol and cogeneration facilities in Clinton and Cedar
Rapids, Iowa to be stored permanently underground in the Illinois
Basin. Additionally, ADM announced in 2021 an agreement with 8
Rivers to explore the potential to construct a zero-emissions power
plant adjacent to ADM’s Decatur corn complex that will also utilize
the CCS site.
Learn more about the ways ADM is advancing its decarbonization
strategy here.
About the Environment + Energy Leader Awards
For the past decade, the Environment + Energy Leader Awards have
celebrated excellence in the world of environmental, sustainability
and energy management. Award winners are truly buzz-worthy, and
companies that sport a Top Project or Top Product of the Year Award
badge are known to be the best of the best. When other companies
are seeking a sustainability or energy management solution, they
know that E+E Product of the Year Award winners offer a significant
group of products, vetted by experts, to peruse for help in making
their decisions. Project of the Year Award winners are known to
illustrate how sustainability and energy management projects can
successfully help other companies improve the bottom line.
About ADM
ADM unlocks the power of nature to enrich the quality of life.
We’re a premier global human and animal nutrition company,
delivering solutions today with an eye to the future. We’re blazing
new trails in health and well-being as our scientists develop
groundbreaking products to support healthier living. We’re a
cutting-edge innovator leading the way to a new future of
plant-based consumer and industrial solutions to replace
petroleum-based products. We’re an unmatched agricultural supply
chain manager and processor, providing food security by connecting
local needs with global capabilities. And we’re a leader in
sustainability, scaling across entire value chains to help
decarbonize our industry and safeguard our planet. From the seed of
the idea to the outcome of the solution, we give customers an edge
in solving the nutritional and sustainability challenges of today
and tomorrow. Learn more at www.adm.com.
Source: Corporate Release Source: ADM
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version on businesswire.com: https://www.businesswire.com/news/home/20220719005808/en/
ADM Media Relations Jackie Anderson media@adm.com
312-634-8484
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