Oct 22, 2021 at 08:33 AM CST
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The sale is part of ADM's review of its dry ethanol mills that started in 2016 https://www.reuters.com/article/us-adm-m-a-exclusive/exclusive-adm-ceo-says-wrong-time-for-monster-acquisitions-idUSKCN1PA2H1 following a plunge in oil prices. Ethanol is by far the most widely used biofuel. |