Archer Daniels Midland closes production plants biofuels

The American company pioneer in the market of biofuel declared closing of the two world's largest enterprises: in Cedar Rapids, State of Iowa, and in Columbus, State of Nebraska. On them biofuel (ethanol) from corn was made. Archer Daniels Midland explained it with sharp decline in demand for fuel against a pandemic Koronavirus. As notes newspaper "The Financial Times", demand for gasoline to United States of America fell against a pandemic to 40%. It, in turn, affected and sales ethanol. By data Managements power information, production ethanol to United States of America last week were reduced to 560 thousand barrels a day...