ADM to restart two mothballed ethanol plants as demand returns : Biofuels Digest
In Illinois, ADM has decided to reopen two mothballed ethanol mills. “We’ve been carefully monitoring a wide variety of industry ethanol conditions, and in recent weeks, we’ve seen consistent signs pointing to accelerating demand for domestic ethanol. Inventories across the industry are steadily coming down, China is importing volumes, we continue to expect driving miles to increase as the pace of vaccinations accelerates, and the EPA’s support of a strong Renewable Fuel Standard is helping drive great blending economics. Based on these multiple factors, we are confident in increasing...