Tue, Apr 5th, 2022 - 7:11am
August 23, 2021 - 8:24am | By Kyle Cornell
(Jamestown, ND) -- Archer-Daniels Midland and Marathon Petroleum are teaming up to operate a soybean processing plant near Jamestown.
The plant will provide soybean oil for Marathon's renewable Diesel plant near Dickinson. ADM will control 75-percent of the soybean facility joint venture, with Marathon owning the rest.
The plant is expected to be completed in 2023 in Spiritwood and is set to produce 600-million pounds of soybean oil each year.