Canadian Bioenergy, ADM Building Biodiesel Plant
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Posted by John Davis – April 8th, 2009
A leading biodiesel company north of the border has teamed up with an American agri-business giant to go in to the green fuel business together.
A press release from the Canadian Bioenergy Corporation says it will work with ADM to build and run a 70 million-gallon-a-year biodiesel plant. The joint venture will make biodiesel from canola crushed at ADM’s crushing facility at Lloydminster, Alberta.
Both companies are doing a feasibility study to figure out the best way to start and run the plant.