We See Opportunity: Food and Fuel

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We See OpportunityFood and Fuel

• Greg Webb
• Archer Daniels Midland Company

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Economic Prosperity Enables Better Diets
Meat Consumption per Capita in Asia is Promising
120
80
Kg per Capita
40
0
China
Hong Kong
Taiwan
South Korea
US
2015
2005
Global Vegetable Oil Demand Will Grow 38
200
150
100
50
0
05
07
09
11
13
15
Source Food and Agriculture Policy Research
Institute
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The Future for Biofuels is Bright
4 New Refineries Every Year Through 2020!
120
100
80
60
MMB/D
40
20
0
2006 World Refining Capacity
2020 Est. Refined Products Demand
Source Energy Information Administration, PIRA
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We See Opportunity for Food and Fuel
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Ethanol from Corn and Biodiesel from Veg Oil

• Good for people
• Good for the environment
• Good for agriculture
• Good for energy security
• Positive energy balance
• Fostering BioEnergy infrastructure
• Spurring creation of flex fuel vehicles

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Over 184 Million Virtual Corn Acres Created
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ADM RD Partnering for New Technologies

• U.S. Department of Energy
• National Renewable Energy Lab
• Argonne Laboratories
• University of Illinois
• Corn fiber
• Butanol fermentation
• NIZO Food Research Netherlands
• University of Kentucky
• Soy protein flavor
• University of Alberta
• Crystallization
• Hebrew University
• Surface/nano technology
• Hydrocolloid technology

• Kao Corporation
• - EnovaTM Oil
• Matsutani
• - Fibersol-2TM Digestion Resistant Maltodextrin
• Burcon NutraScience
• - Canola Proteins
• Metabolix
• Renewable Biodegradable Polymers
• Novozymes
• Enzymatic Conversions

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We See Opportunity for Food and Fuel