WebJun 3, 2024 · By harvest 2024, the plant — owned by the previously announced ADM-MPC joint venture Green Bison Soy Processing — is expected to be producing approximately 600 million pounds of refined vegetable oil annually, which will be supplied exclusively to MPC as a feedstock for renewable diesel. “The need for lower-carbon, more sustainable ... WebJun 3, 2024 · Green Bison Soy Processing is a 75%-25% venture between Archer Daniels Midland Co. and Marathon Petroleum Corp., respectively. The $350 million soybean processing facility will be located at the ...
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WebJun 2, 2024 · 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. “The new Green Bison Soybean Processing Plant brings together several important and necessary components for success,” said Dwaine Heinrich, mayor of Jamestown, North … WebDec 14, 2024 · FINDLAY, Ohio and CHICAGO, Illinois, Dec. 14, 2024 – Marathon Petroleum Corp. (NYSE: MPC) and ADM (NYSE: ADM) today announced the closing of their joint venture to produce soybean oil to supply the rapidly growing demand for renewable diesel fuel. The joint venture, which is named Green Bison Soy Processing, LLC, will own … customize message on iphone
Soybean Crush Plant Construction Boom Feed & Grain News
WebDec 15, 2024 · The joint venture, Green Bison Soy Processing LLC, will own and operate a soybean processing complex in Spiritwood, North Dakota, US. ADM will own 75% of the joint venture and Marathon will own 25%, as was announced in August. The $350 million facility is expected to be complete in 2024. It will source and process local soybeans and … WebSep 9, 2024 · In an ADM and Marathon Petroleum Corp. joint press release about the new joint venture Green Bison Soy Processing, North Dakota Gov. Doug Burgum said, “Green Bison will add value and expand the market for one of our farmers’ most important crops, while also creating 75 direct jobs and diversifying our economy to support our … WebJun 2, 2024 · Gov. Doug Burgum and Lt. Gov. Brent Sanford joined officials from ADM and Marathon Petroleum Corp. (MPC) at the Spiritwood Energy Park to help break ground on the Green Bison Soy Processing plant, North Dakota’s first dedicated soybean processing plant, highlighting the project as an example of how partnerships between agriculture … chatters outlet