A report from the Decatur, Illinois newspaper Herald & Review said that Archer Daniels Midland (ADM) will delay some of the completion dates for their biobased industrial projects but will still invest $2.6bn in seven major capital projects.
ADM is reportedly proceeding with the construction of its 100,000 ton/year glycerine-based propylene/ethylene glycol plant in Decatur which was previously expected to be finished late last year. The facility is now expected to be completed in the fourth quarter this year.
By the way, Cargill and Dow Chemicals are supposed to be in the midst of constructing glycerine-based PG and EG facilities as well. I wonder how these two projects are progressing now that petroleum-based chemicals prices have come down (and cash is tight)??
Back to ADM: In Clinton, Iowa, the company’s planned 110 million pound/year bioplastic facility with Metabolix is expected to start producing in second quarter this year. The facility will produced corn-based polyhydroxy alkanoate (PHA) plastic to be marketed under the Mirel brand. Start-up of the facility was previously targeted last year as well.
Herald & Review also mentioned two ethanol plants and two cogeneration plants in Nebraska and Iowa, and a cocoa facility in Pennsylvania. Completion of these plants’ constructions are said to be expected within the next two years.