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ADM to build new biodiesel plant in Canada

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Archer Daniels Midland Company (ADM) has announced that it will construct a 265 million litre (70 million gallon) biodiesel plant in Lloydminster, Alberta, Canada.Located adjacent to the company’s existing canola crushing facility in Lloydminster, the biodiesel plant will help optimize ADM’s agricultural origination, transportation and processing assets in Canada. The new plant will reportedly increase ADM’s North American biodiesel production capacity by 50%. The project includes the construction of five new storage bins and a second receiving system, which is expected to significantly reduce unloading times for area farmers. Construction work on the facility will commence in early 2012, and be completed in the fourth quarter of 2013.

The biodiesel produced at ADM’s facility in Lloydminster will help fulfil Canada’s renewable diesel mandate. In March 2011, the company announced plans to double the canola seed receiving capabilities and storage capacity at the Lloydminster facility.

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