US ADM to shut North Dakota ethanol plant

07 February 2012 16:20  [Source: ICIS news]

HOUSTON (ICIS)--Archer Daniels Midland (ADM) confirmed on Tuesday that it would permanently close its 30m gal/year (114m litres/year) ethanol plant in Walhalla, North Dakota, because of poor returns and difficulty competing in the marketplace because of its geographic location.

The company said the closure will not affect its ability to supply customers with ethanol and feed production and will help to improve its US corn processing operations.

ADM added that it would offer severance packages to the 61 employees affected by the closure, and there may be opportunities for them at other ADM facilities.

After the closure, ADM’s US ethanol production capacity will be about 1.72bn gal/year.

ADM spokesperson Jessie McKinney added the company currently has no plans to close additional facilities.

Doris de Guzman examines alternative processing, new technology, R&D and other sustainability initiatives in Green Chemicals


By: Brian Balboa
+1 713 525 2653



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index