By 2026, ADM and Bayer expect the initiative to significantly boost farmer livelihoods, reduce carbon footprints, and contribute to India’s broader sustainability goals.
The project leverages the Trailblazer pipeline of Tallgrass, a leading energy infrastructure company, to transport captured carbon dioxide (CO2) from its ethanol plant.
ADM’s total segment operating profit was US$845 million for the quarter, down 19% from the previous year, reflecting agricultural and biofuel sector challenges, including softened demand for sweeteners and starches and trade disruptions impacting oilseed crush margins.
The Series A funding will be used to scale TRACT’s operations globally, enhance its platform capabilities, and expand its customer base across the agri-food sector.
The lab bakes approximately 30 loaves of bread daily, enabling ADM to evaluate flour quality and make decisions that ensure the highest standards for its customers.