Written Commentary
As Demand for Renewable Diesel Grows, ADM, Marathon Petroleum Corp., and North Dakota Celebrate Groundbreaking of Green Bison Production Facility
JAMESTOWN, N.D.–(BUSINESS WIRE)– Leaders from ADM (NYSE: ADM) and Marathon Petroleum Corp. (NYSE: MPC), along with local, state and federal policymakers, today celebrated the groundbreaking for North Dakota’s first dedicated soybean processing facility. By harvest 2023, the plant – owned by the previously announced ADM-MPC joint venture Green Bison Soy Processing – is expected to be producing approximately 600 million pounds of refined vegetable oil annually, which will be supplied exclusively to MPC as a feedstock for renewable diesel.
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