USA — ADM and Marathon Petroleum Corp. (MPC), along with local, state, and federal policymakers break ground on the ADM-MPC joint venture Green Bison Soy Processing plant, North Dakota’s first dedicated soybean processing plant.
By harvest 2023, the plant’s annual production capacity is approximated to reach 600 million pounds of refined vegetable oil which will be supplied exclusively to MPC as feedstock for the production of a targeted 75 million gallons of renewable diesel annually.
The need for lower-carbon, more sustainable products are one of the fundamental trends underlying ADM’s strides towards sustainability.
“Renewable diesel is a potentially transformative opportunity for the oilseed industry, for farmers, and for the sustainability of our transportation system,” said Ken Campbell, ADM’s president of North America Oils, Biodiesel, and Renewable Chemicals.
We’re excited to celebrate our bright future, and we look forward to working with MPC and producers across North Dakota as we bring this state-of-the-art plant online in less than a year and a half,” he added.
As the price of feedstock keeps rising, fueled in part by Russia’s invasion of Ukraine, and the return of the food-versus-fuel debate the Green Bison Soy Processing facility plays an important role in MPC’s commitment to investing in a sustainable, energy-diverse future.
“The Green Bison Soy Processing facility will help us further optimize our renewable feedstock sourcing, and we are excited about the opportunity to partner with ADM and the state of North Dakota as we move forward with the development of this facility,” said Dave Heppner, senior vice president of strategy and business development at MPC.
When completed, the approximately US$350 million complex will feature state-of-the-art automation technology and is expected to have the capacity to process 150,000 bushels of soybeans per day.
Additionally, the construction of the new complex is supporting hundreds of jobs in the region, and the facility is expected to employ approximately 75 people once operational.
“As a Top 10 soybean-producing state, the ADM-MPC joint venture is a gamechanger that will provide lasting benefits for North Dakota soybean growers,” North Dakota Governor, Doug Burgum, said.
“Green Bison will add value and expand the market for one of our farmers’ most important crops, while also diversifying our economy to support our communities, our citizens, and the entire state,” he added.
Gov. Burgum highlighted the project as an example of how partnerships between agriculture and energy are growing both sectors in North Dakota.
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