ADM Tees Up Expansions of Ethanol, Decarbonization Efforts

Researched by Industrial Info Resources (Sugar Land, Texas)--Despite a recent food-product recall and a string of accidents at one of its largest facilities, Archer Daniels Midland Company (NYSE:ADM) (Chicago, Illinois) is pushing forward with a series of developments that are designed to bolster its already-strong status in the corn, soybean and ethanol markets.

Industrial Info is tracking more than $1.1 billion worth of active and planned projects from ADM, more than half of which is attributed to expansions of existing facilities. Several of ADM's capital-spending projects are set at its research and production facilities in Decatur, Illinois, its largest location and North American headquarters.