ADM and Marathon take next step in meeting renewable fuels demand
(Posted on 17/11/23)
ADM and Marathon Petroleum Corp. have celebrated the opening of their joint venture soybean processing complex, Green Bison Soy Processing. The Green Bison facility in Spiritwood is North Dakota's first dedicated soybean processing complex, and is a major step towards meeting increased demand for renewable fuels, in this case renewable green diesel.
Green Bison Soy Processing will source and process local soybeans, with the resulting oil supplied exclusively to Marathon as a feedstock for renewable fuels. The facility will produce approximately 600 million pounds of refined soybean oil annually, enough feedstock for approximately 75 million gallons of renewable green diesel per year. The approximately $350 million complex features state-of-the-art automation technology and has the capacity to process 150,000 bushels of soybeans per day. Green Bison Soy Processing began receiving soybeans in September of 2023 and is in the commissioning and startup phase of processing soybeans for meal and oil.
“Sustainability is one of the enduring trends driving changes in structural global demand, and this investment helps position ADM, as a leader in our industry, to deliver on that demand,” said Greg Morris, president of ADM’s Ag Services & Oilseeds business. “The continued growth in demand for renewable green diesel presents a transformative opportunity for the oilseed industry, for producers, and for increasing the sustainability footprint of our transportation system, and we’re proud to join with Marathon Petroleum as leaders in that transformation. We’re excited for the start of production and look forward to working together to support sustainable solutions for the food and fuel industries.”
“As we continue challenging ourselves to lead in sustainable energy, our joint venture with ADM not only strengthens our presence in North Dakota, but also gives us the opportunity to collaborate further with a world-class partner as we continue investing in a sustainable, energy-diverse future,” said Dave Heppner, Marathon’s senior vice president of Strategy and Business Development. “Green Bison Soy Processing’s Spiritwood facility is an important milestone in our ability to source and optimize logistically advantaged feedstock for our growing renewable fuels business.”
Adding a continuous economic impact in various aspects, the new complex has supported hundreds of jobs in the region and currently employs approximately 75 people.
Additionally, Green Bison Soy Processing was recognized by the Economic Development Association of North Dakota as the 2023 Economic Development Project of the Year announced in September of 2023. The award recognizes an organization that has worked to positively impact the economic health of the community, region or state.
“The Green Bison Soy Processing facility creates a wonderful opportunity and lasting benefits for our area farmers and statewide soybean growers. Having two of the most important components of North Dakota's economy, agriculture and energy, coming together on a project like this is a significant benefit to the city of Jamestown and the surrounding communities,” said Dwaine Heinrich, mayor of Jamestown, North Dakota. “While this facility provides added value for our farmers, it is also a significant investment to the community of Spiritwood through job creation. We are very appreciative to ADM and Marathon for their collaboration to make this project possible.”
Latest News
Leading event for grain handling and processing returns to Omaha
(Posted on 28/04/24)The National Grain and Feed Association (NGFA) in the USA, Grain Elevator and Processing Society (GEAPS... Read more
American Feed Industry commends vital supply chain legislation
(Posted on 23/04/24)The American Feed Industry Association (AFIA) has commended Representatives Ashley Hinson, R-Iowa-02... Read more
NGFA says NASS reports are critical to agribusiness operations
(Posted on 23/04/24)In a letter to U.S. Agriculture Secretary Tom Vilsack, the National Grain and Feed Association (NGFA... Read more
Bauxite and aluminium businesses deliver stable Rio Tinto results
(Posted on 18/04/24)Bauxite production of 13.4 million tonnes was 11% higher than the first quarter of 2023 for Rio Tinto... Read more
Rio Tinto spends more than A$16.1 billion with Australian suppliers
(Posted on 15/04/24)Rio Tinto increased its spend with suppliers and local businesses in Australia to more than A$16.1 billion... Read more
Cargill increases its renewable energy capacity by more than 40%
(Posted on 15/04/24)Cargill has reported increasing its contracted renewable energy capacity by 42% after signing five new... Read more
Agreement to set up KEZAD steel recycling and production facility
(Posted on 29/03/24)The UAE’s largest operator of integrated and purpose-built economic zones, Khalifa Economic Zones... Read more
Senate legislation includes phosphate and potash as critical minerals
(Posted on 25/03/24)The Fertilizer Institute (TFI) has praised the U.S. Senate for introducing bipartisan legislation to... Read more
Agribusiness expert’s legacy and optimism for GrainCorp’s future
(Posted on 18/03/24)Farmer, Company Director and long-standing member of the GrainCorp Board of Directors, Dan Mangelsdorf... Read more
Research offers Rotterdam guidelines for raw material transition
(Posted on 15/03/24)Different product processes, non-fossil raw materials and rare materials are crucial for a CO2-neutral... Read more
