ADM, DuPont Sign Agreement to Develop, Produce and Market Cellulase Enzymes

CHICAGO June 20, 2018—Archer Daniels Midland Company (NYSE: ADM) and DuPont Industrial Biosciences today announced a collaboration to develop, produce and market cellulase enzymes for operators of grain-based ethanol plants.

Cellulase enzymes assist in hydrolyzing the corn kernel fiber, which consists mostly of cellulose and hemicellulose carbohydrates. Once the fiber is broken down, more sugars can be liberated and then fermented into ethanol, helping grain-based fuel ethanol producers get more out of existing feedstocks. As corn kernel fiber is part of a lower-value co-product stream, the potential to develop more valuable “Gen 1.5” ethanol is attractive. Ethanol from corn kernel fiber may qualify for D3 RINS under the Renewable Fuel Standard, which encourages producers to use technology in order to utilize non-starch components of grains and other waste products in the production of biofuels.

“The industry is looking increasingly at enzyme-based tools to boost yields and produce additional ethanol without having to make significant capital investments, and we look forward to working with DuPont to help deliver solutions in this space,” said Collin Benson, ADM’s vice president of bioactives.

“We’re thrilled to add yet another significant pillar in our partnership with ADM. We are already working together in high performance renewable bio-materials; now this agreement brings together substantial resources and capabilities in the pursuit of new innovations for grain-based biofuels,” said Troy Wilson, DuPont Industrial Biosciences’ global industry leader of grain processing.

Initial product prototypes have proven successful in both laboratory and ethanol plant scale testing, and more evaluations are planned.

About ADM
For more than a century, the people of Archer Daniels Midland Company (NYSE: ADM) have transformed crops into products that serve the vital needs of a growing world. Today, we’re one of the world’s largest agricultural processors and food ingredient providers, with approximately 31,000 employees serving customers in more than 170 countries. With a global value chain that includes approximately 500 crop procurement locations, 270 ingredient manufacturing facilities, 44 innovation centers and the world’s premier crop transportation network, we connect the harvest to the home, making products for food, animal feed, industrial and energy uses. Learn more at www.adm.com.

About DuPont Industrial Biosciences
DuPont Industrial Biosciences, a DowDuPont Specialty products Division business, works with customers across a wide range of industries to make products and industrial processes more efficient and sustainable. Through a unique combination of biotechnology, chemistry and material science capabilities, we advance market-driven, biobased solutions to meet the needs of a growing population, while protecting our environment for future generations. For updates about how DuPont Industrial Biosciences is helping customers deliver cost-effective products with superior performance and sustainability, follow @DuPontBiobased on Twitter or visit our website at http://biosciences.dupont.com.

Archer Daniels Midland Company
Media Relations
Jackie Anderson
media@adm.com
312-634-8484