DECATUR - Archer Daniels Midland Co. has been selected to receive funding for a second carbon sequestration project that is in addition to one that could begin injecting carbon dioxide deep below ground next year.
The U.S. Department of Energy announced Thursday that ADM is slated to receive up to $99 million from the American Recovery and Reinvestment Act in an effort to demonstrate large-scale carbon capture and storage from industrial sources. ADM originally was selected in October 2009 for research and development grants for the project, which will total $163.9 million.