Construction on the biodiesel plant will start in April 2012, and be completed in the fourth quarter of 2013.
The new plant with a capacity of 265 million liters will be located adjacent to ADM’s existing canola crushing facility in Lloydminster which will help optimize the company’s agricultural origination, transportation and processing assets in Canada.
ADM global oleo chemicals vice president Mike Livergood said the same agricultural processing operations we use to transform canola into oil for food and meal for animal feed also provide ADM with the ability and scale to efficiently produce cleaner-burning, renewable biodiesel.
"This new biodiesel facility will help support canola crush margins and capacity utilization at this facility," Livergood said.
In March, ADM announced plans to double the canola seed receiving capabilities and storage capacity at the Lloydminster facility, which is expected to be completed by the end of 2011.
