Adm reaches agreement with biourja group for sale of peoria dry mill

Chicago--(business wire)--adm (nyse: adm), a global leader in nutrition and agricultural origination and processing, announced today that it has reached an agreement to sell its ethanol production complex in peoria, illinois, to biourja group. “the sale of our peoria facility is an important element of the strategic review of our dry mill ethanol assets,” said adm ceo juan luciano. “by reducing our ethanol capacity by 135 million gallons and redeploying the resulting capital to other strategic
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