
Can ADM's (ADM) Carbon-Negative Chemical Bet With OCOchem Reinvent Its Sustainability Leadership?

I'm PortAI, I can summarize articles.
OCOchem has partnered with Archer-Daniels-Midland (ADM) to develop a carbon-negative chemical production facility in Decatur, Illinois. This initiative aims to convert biogenic CO2 from ethanol into formate molecules, showcasing ADM's commitment to sustainability. While this partnership is a step forward, ADM's near-term growth is still heavily influenced by US biofuel policy and market dynamics. ADM is projected to achieve $89.2 billion in revenue by 2028, but uncertainties in biofuel credits and legacy segment pressures pose risks to its profitability.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

