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ADM To Build New Ethanol Hub In North Carolina

2015-12-29 15:11:57| Agriculture - Topix.net

ADM TO BUILD NEW ETHANOL HUB IN NORTH CAROLINA Dec. 28, 2015 World-Grain.com reports: Archer Daniels Midland Company announced on Dec. 21 an agreement with Kinder Morgan, Inc. and Bailey Feed Mill to construct a new unit train rail facility and ethanol offloading system in Selma, North Carolina, U.S. KMI will invest in and construct the new facilities, which will be located at the Bailey Feed Mill and will have the ability to offload up to 96 railcar-long unit trains in a 24-hour period. KMI will also build a new pipeline, approximately 2.6 miles in length, to connect the unit train offload system to their vast tank farm in Selma, allowing ethanol to be distributed to blending terminals in Selma and the surrounding markets.

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