JAMESTOWN, ND. – Executives of ADM and Marathon Petroleum Corp. (MPC), along with local, state and federal policy makers, celebrated the grand opening of the first dedicated soybean processing facility in North Dakota on June 2. By the 2023 crop, the plant – owned by the previously announced ADM-MPC joint venture Green Bison Soy Processing – is expected to produce approximately 600 million pounds of refined vegetable oil per year, which will be supplied exclusively to MPC as feedstock for renewable diesel.
“The need for low-carbon and more sustainable products is one of the fundamental trends underlying ADM’s strategy and purpose, and we are proud to continue to strengthen our leadership in this critical area” , said Ken Campbell, president of ADM for North America. Renewable oils, biodiesel and chemicals. “Renewable diesel is a potentially transformative opportunity for the oilseed industry, for farmers and for the sustainability of our transportation system. We are excited to celebrate our bright future and look forward to working with MPC and North Dakota growers as we bring this state-of-the-art plant online in less than a year and a half.
Dave Heppner, Senior Vice President of Strategy and Business Development at MPC, added, “The Green Bison soybean processing facility represents another step in MPC’s commitment to investing in a sustainable, energy-rich future. . The Green Bison Soy Processing facility will help us further optimize our supply of renewable raw materials, and we are excited about the opportunity to partner with ADM and the State of North Dakota as we move forward with the development of this facility.
When complete, the approximately $350 million complex will feature state-of-the-art automation technology and is expected to have the capacity to handle 150,000 soy busses per day. Vegetable oil from the plant will be supplied exclusively to MPC to serve as feedstock for the production of a target of 75 million gallons of renewable diesel per year.
Construction of the new complex supports hundreds of jobs in the region, and the facility is expected to employ approximately 75 people once operational.