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
SSAB invests $74 Million to expand steel production in Alabama
(Posted on 07/05/25)Highly-specialised global steel company, SSAB has announced a significant investment of approximately... Read more
GGC welcomes new Canadian government and urges farm priorities action
(Posted on 01/05/25)Grain Growers of Canada (GGC) has welcomed Prime Minister Mark Carney and all Members of Parliament... Read more
US Soybean growers disappointed in 2;4-D Anti-Dumping and Countervailing Duties vote
(Posted on 30/04/25)The International Trade Commission in the USA has voted in favour of imposing final anti-dumping (AD... Read more
Ukraine already sown two million hectares of spring grains
(Posted on 28/04/25)As of April 25, 2025, farmers in all regions of Ukraine have sown 2M hectares (ha) of spring grain and... Read more
Condobolin rail upgrade fast-tracks NSW grain
(Posted on 25/04/25)GrainCorp’s rail site at Condobolin, in the heart of central west New South Wales, Australia,... Read more
Rio Tinto and AMG assess low-carbon aluminium project in India
(Posted on 22/04/25)Rio Tinto and AMG Metals & Materials (AMG M&M), an energy transition solutions provider, have... Read more
BHP record iron ore and copper production demonstrates resilience
(Posted on 22/04/25)BHP has released its Operational Review for the nine months ended 31 March 2025.BHP Chief Executive... Read more
WTO: Trump’s tariffs will shrink global trade
(Posted on 16/04/25)The volume of world merchandise trade is expected to decline by 0.2% in 2025 under current conditions... Read more
$235million syndicated loan agreement to boost UAE trade with Trafigura
(Posted on 15/04/25)In a strategic move to empower UAE exporters and advance the nation’s economic diversification... Read more
Anglo American update on sale of steelmaking coal business to Peabody
(Posted on 15/04/25)Anglo American plc has noted the recent statement issued by Peabody Energy in relation to the definitive... Read more
