Agricultural Processor Will Meet Ethanol Demand

[] Archer Daniels Midland will expand its ethanol capacity by 500 million gallons through the construction of two new dry corn milling facilities to be located adjacent to existing ethanol plants. Construction, expected to be complete in early 2008, is dependent on final engineering and permit approval. The company, which intends to meet the world’s ethanol demand using renewable sources from corn, is an agricultural processor of soybeans, corn, wheat and cocoa; it also produces soy meal and oil, ethanol, corn sweeteners and flour.
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