ADM to increase NA oilseed crushing operations
Nov 28, 2006 11:25 AM
Archer Daniels Midland Company will increase its North American oilseed crushing capacity through expansions at oilseed crushing plants in the United States and Canada. Five soybean crushing plants will be expanded in Quincy IL, Frankfort IN, Mexico MO, Fremont NE, and Des Moines IA. Two canola crushing plants will also be expanded in Velva ND and Lloydminster, Alberta, Canada.
"Expanding our crush capacity will enable us to meet the increased demands for vegetable oil and oilseed proteins, driven by the world's growing need for energy and food," stated Scott Fredericksen, president-North American oilseed processing.
The expansions will support ADM's two North American biodiesel facilities in Mexico MO and Velva ND.The expansions are scheduled to be completed in mid-2008. Construction on the expansions is dependent on final engineering and permit approval.
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