ADM has announced a series of investments designed to expand North American oilseed crush capacity and strengthen the company’s ability to meet growing demand for renewable fuels and other vegetable oil markets.
“These investments reflect ADM’s continued focus on targeted growth opportunities in areas where long-term demand trends are creating new opportunities for farmers and customers,” said Gary McGuigan, president of ADM’s North America ag services and oilseeds business. “Strong demand – supported by biofuels policy in the US – is driving opportunities for farmers and the broader American agricultural sector.
“By choosing to build on our existing footprint and adopting individualised enhancement plans for each facility, we’re ensuring that we are investing wisely and preserving flexibility while ultimately delivering a meaningful increase in capacity across our North American network.”
ADM expects to expand capacity by making targeted improvements to existing operations, allowing the company to increase throughput while building on established infrastructure. The company will initially focus efforts with investments at four US production facilities:
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