ADM invests in US oilseed crush expansion to meet rising renewable fuels demand
Article excerpt
ADM has announced a series of investments across four US oilseed crush facilities as it looks to increase processing capacity and capitalise on growing demand for vegetable oils driven by the renewable fuels sector. The company will invest in targeted upgrades at its facilities in Frankfort, Indiana; Deerfield, Missouri; Lincoln, Nebraska; and Spiritwood, North Dakota. Once complete, the projects are expected to unlock approximately 700,000 metric tons of additional annual oilseed crush capacity, equivalent to more than 25 million bushels of additional demand for US-grown oilseeds. According to ADM, the investments are designed to increase throughput by optimising existing infrastructure rather than building new facilities, allowing the company to respond to long-term market demand while maintaining operational flexibility. Gary McGuigan, president of ADM's North America Ag Services and Oilseeds business, said: "These investments reflect ADM's continued focus on targeted growth opportunities in areas where long-term demand trends are creating new opportunities for farmers and customers." He added: "Strong demand – supported by biofuels policy in the US – is driving opportunities for farmers and the broader American agricultural sector. By choosing to build on our existing footprint and adopting individualised enhancement plans for each facility, we're ensuring that we are...
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In Frankfort, Indiana, ADM will undertake storage improvements alongside equipment upgrades, with completion expected by late 2028.
