In Minnesota, Bloomberg Law reports that as part of the joint venture negotiations between Phillips 66 and Archer Daniel Midland, Phillips may fund the decarbonization of ADM’s coal-fired ethanol plants, with the Decatur facility likely to be first, followed by Columbus or Cedar Rapids. ADM has been trying to spin out its wet-milled ethanol plants for several years but has been unsuccessful, so is exploring the possible JV with Phillips that could potentially include sustainable aviation fuel production.
Category: Fuels
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