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ADM: New soy crushing facility will help meet biofuel demand

 · ADM on May 10 announced its plan to build North Dakota''s first-ever dedicated soybean crushing plant and refinery to meet fast-growing demand from food, feed, industrial and biofuel customers, including producers of renewable diesel. Based in Spiritwood, North Dakota, the approximately $350 million crush and refining complex will feature ...

Cargill chooses Clavet for crushing plant | The Western ...

 · SASKATOON – The world''s largest oilseed processor has announced it will build a $53-million canola crushing plant outside Saskatoon. Cargill Ltd. will begin construction of the facility at ...

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ADM vows success for Spiritwood soybean processing plant ...

 · ADM announced plans to invest $350 million in the purchase of the former Cargill Malt plant, demolish most of that facility and construct a new soybean crushing plant on the location at …

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ADM to Build New Soy Crushing Facility in North Dakota to ...

 · CHICAGO--(BUSINESS WIRE)--ADM (NYSE: ADM) today announced its plan to build North Dakota''s first-ever dedicated soybean crushing plant and refinery to meet fast-growing demand from food, feed ...

Home | North Dakota Office of the Governor

Gov. Doug Burgum joined ADM in announcing plans to build North Dakota''s first dedicated soybean crushing plant and refinery in Spiritwood, N.D. The $350 million crush and refining complex will create 70 permanent jobs and have the capacity to process up to 150,000 bushels of soybeans per day.

ADM to build $350 million soybean plant in North Dakota ...

 · May 23, 2021 at 4:10 pm CDT. BISMARCK, N.D. (AP) — Agribusiness conglomerate Archer Daniels Midland Co. on May 10 announced that it will build a $350 million soybean crushing plant …

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 · The state shelled out a $450,000 tax credit to help land the deal. It was a monumental development for the town, where rows of corn and grain crowd around tidy homes and silos dot …

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Soybeans and ''green diesel'' will combine in a big way ...

 · The soybean crushing plant will be able to process up to 150,000 bushels per day, and the refinery can produce 12,000 barrels of renewable diesel per …

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 · Pre-tax net present value (NPV) of $646 million at a 5% discount rate generating an internal rate of return (IRR) of 27.7%. Estimated start-up capital cost of $269.6 million. At a gold price of $1,500, pre-tax NPV at a 5% discount rate is in excess of $1.05 billion and the IRR is 38.1%.

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Renewable diesel gaining traction in US, Canada | IHS Markit

 · ADM announced plans to build the first soybean-crushing plant and refinery in North Dakota to meet demand for both renewable diesel and biodiesel. The $350-million facility, which is expected to be operating before the 2023 harvest, will be able to process 150,000 bushels/day of soybeans. State support for the project is strong as well.

Benton Advised of Coro''s Plan to Mine the San Jorge ...

 · Benton Advised of Coro''s Plan to Mine the San Jorge Project in the San Juan Province of Argentina and Highlights Preliminary Prefeasibility Study

Hoeven: New soybean plant ''a four-for-one'' project to grow ...

 · For more than two years, we''ve been working with local and state officials and ADM to bring a new, $350 million soybean crushing plant to Spiritwood, N.D. This facility will provide a …

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Jordan Jordan Levies New Special Taxes on Food and ...

 · sales tax on essential food commodities such as sugar, rice, flour, cooking oil, lamb, beef, chicken, fish, fresh milk, an d tea remains unchanged at zero percent (in order to promote domestic production). Jordan''s Customs Authority is amending its by-laws to levy an additional five percent value-added-tax