ADM Building Biodiesel Plant In Canada

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Archer Daniels Midland Co. (ADM) says it will build a 70 million-gallon biodiesel plant in Alberta, Canada, which will increase ADM's North American biodiesel production capacity by 50%. The plant will be located adjacent to the company's existing canola-crushing facility in Lloydminster.

Biodiesel produced at the new facility will help fulfill Canada's renewable diesel mandate, ADM says. According to regulations, all diesel fuel and heating oil sold in Canada must contain at least 2% biodiesel.

Construction on the facility will begin in spring 2012 and be completed in the fourth quarter of 2013.

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