Biodiesel

Howard Energy Partners to Significantly Expand Its Port Arthur Terminal Facility to Support Local Renewable Diesel Production

Retrieved on: 
Thursday, May 13, 2021

b'Howard Energy Partners (HEP) today announced that it has executed long-term agreements with Diamond Green Diesel (DGD), a 50/50 joint venture between Valero Energy Corporation (NYSE: VLO) and Darling Ingredients Inc. (NYSE:DAR), and plans to significantly expand its Port Arthur, Texas terminal facilities to support DGD\xe2\x80\x99s recently announced plant, a 470-million-gallon-per-year renewable diesel production facility to be located at Valero\xe2\x80\x99s Port Arthur refinery.

Key Points: 
  • b'Howard Energy Partners (HEP) today announced that it has executed long-term agreements with Diamond Green Diesel (DGD), a 50/50 joint venture between Valero Energy Corporation (NYSE: VLO) and Darling Ingredients Inc. (NYSE:DAR), and plans to significantly expand its Port Arthur, Texas terminal facilities to support DGD\xe2\x80\x99s recently announced plant, a 470-million-gallon-per-year renewable diesel production facility to be located at Valero\xe2\x80\x99s Port Arthur refinery.
  • For more information on Howard Energy Partners, please visit our website www.howardenergypartners.com .\nDGD is a leader in producing a clean-burning, renewable diesel to meet the growing demand for renewable fuels.
  • Renewable diesel is made from responsible and sustainable feedstock, such as used cooking oil, rendered animal fats and inedible corn oil.
  • Renewable diesel is chemically identical to standard diesel and is 100% compatible with existing engines and infrastructure.

Global Biodiesel Market (2021 to 2025) - Featuring Archer Daniels Midland, Argent Energy and Cargill Among Others - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 12, 2021

b'The report on biodiesel market covers the following areas:\nThe study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.

Key Points: 
  • b'The report on biodiesel market covers the following areas:\nThe study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
  • It presents various market facets by identifying the key industry influencers.
  • The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
  • The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.\n'

Savage Leads Buildout of Renewable Fuels Infrastructure and Supply Chain

Retrieved on: 
Monday, May 10, 2021

b'SALT LAKE CITY, May 10, 2021 (GLOBE NEWSWIRE) -- Savage, a global industry infrastructure and supply chain services company, in business for 75 years , announced today the formation of a team to lead the buildout of renewable energy assets and services.

Key Points: 
  • b'SALT LAKE CITY, May 10, 2021 (GLOBE NEWSWIRE) -- Savage, a global industry infrastructure and supply chain services company, in business for 75 years , announced today the formation of a team to lead the buildout of renewable energy assets and services.
  • The Company is already engaged with partners on multiple renewable fuel projects to purchase, source and deliver feedstock to refineries; provide engineering and construction of terminals and other assets; and evaluate ways to drive out inefficiencies and increase value across Customers\xe2\x80\x99 supply chains.\n\xe2\x80\x9cWe\xe2\x80\x99ve seen a dramatic increase in demand for our team\xe2\x80\x99s expertise and experience across our three verticals \xe2\x80\x94 agriculture merchandising and logistics, energy and chemical infrastructure, and environmental services \xe2\x80\x94 to develop renewable energy projects,\xe2\x80\x9d said Kirk Aubry, Savage president and CEO.
  • \xe2\x80\x9cOur team has proven we can reduce inefficiencies in renewable fuels markets and create significant value for producers and consumers.\xe2\x80\x9d\nRenewable diesel and biodiesel, areas of immediate focus for our renewable energy team, are fuels produced from nonpetroleum renewable resources such as fats, vegetable oils, waste cooking oils, crop residues, wood, garbage and other biomass materials.
  • Renewable diesel and biodiesel can be used to meet the federal Renewable Fuel Standard (RFS) and other state programs requiring a reduction in the carbon footprint of transportation fuels.\nSavage\xe2\x80\x99s transportation (rail, truck, marine), logistics, materials handling and DBOOM (design, build, own, operate, maintain) services can strengthen the entire supply chain for production and distribution of renewable diesel and biodiesel, including:\n'

Renewable Energy Group Prices Upsized Offering of $550 Million "Green Bond"

Retrieved on: 
Friday, May 7, 2021

The offering was upsized from the previously announced $500 million offering amount.

Key Points: 
  • The offering was upsized from the previously announced $500 million offering amount.
  • REG is an international producer of cleaner fuels and one of North America\xe2\x80\x99s largest producers of advanced biodiesel.
  • In 2020, REG produced 519 million gallons of cleaner fuel delivering 4.2 million metric tons of carbon reduction.
  • The words \xe2\x80\x9cbelieve,\xe2\x80\x9d \xe2\x80\x9cmay,\xe2\x80\x9d \xe2\x80\x9cwill,\xe2\x80\x9d \xe2\x80\x9cestimate,\xe2\x80\x9d \xe2\x80\x9ccontinue,\xe2\x80\x9d \xe2\x80\x9canticipate,\xe2\x80\x9d \xe2\x80\x9cdesign,\xe2\x80\x9d \xe2\x80\x9cintend,\xe2\x80\x9d \xe2\x80\x9cexpect\xe2\x80\x9d and similar expressions are intended to identify forward-looking statements.

Optimus Technologies Helps Evergreen Grease Service Achieve a Near-Zero Carbon Footprint

Retrieved on: 
Thursday, May 6, 2021

While most trucks are able to run on a 20% blend of biodiesel, The Vector System enables vehicles to utilize 100% biodiesel, allowing trucks to achieve near-zero carbon emissions.

Key Points: 
  • While most trucks are able to run on a 20% blend of biodiesel, The Vector System enables vehicles to utilize 100% biodiesel, allowing trucks to achieve near-zero carbon emissions.
  • The Vector System is the only technology of its kind on the market and allows for significant carbon reductions without major engine modifications.
  • Optimus manufactures The Vector System, an advanced fuel system technology that enables diesel engines to operate on 100% biodiesel.
  • Evergreen provides prompt and reliable service, used cooking oil recycling expertise, and a commitment to serving the communities we operate in.

Worldwide Fatty Acid Methyl Ester Industry to 2026 - Growing Production of Biodiesel is Driving the Market - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 5, 2021

Accordingly, this is expected to drive the growth of the methyl ester fatty acid market; as methyl ester fatty acid is a major raw material used in biodiesel production.\nBiodiesel is witnessing an increase in consumption on account of its properties such as lower toxic emissions and biodegradable.

Key Points: 
  • Accordingly, this is expected to drive the growth of the methyl ester fatty acid market; as methyl ester fatty acid is a major raw material used in biodiesel production.\nBiodiesel is witnessing an increase in consumption on account of its properties such as lower toxic emissions and biodegradable.
  • Biodiesel has been demanding fuel in recent years, as biodiesel helps in raising the cetane number of the fuel and also in improving fuel lubricity.
  • This improved lubricity helps in reducing the friction within the moving parts by avoiding additional wear.
  • This caused less consumption of biofuel by vehicles and decreased the consumption of fatty acid methyl esters.\nThe COVID-19 impacted the production and sales of vehicles in the North American region thus decreasing the demand for the market studied.

Renewable Energy Group Announces Proposed Offering of $500 Million “Green Bond”

Retrieved on: 
Tuesday, May 4, 2021

persons\xe2\x80\x9d in compliance with Regulation S under the Securities Act.

Key Points: 
  • persons\xe2\x80\x9d in compliance with Regulation S under the Securities Act.
  • REG is an international producer of cleaner fuels and one of North America\xe2\x80\x99s largest producers of advanced biodiesel.
  • In 2020, REG produced 519 million gallons of cleaner fuel delivering 4.2 million metric tons of carbon reduction.
  • The words \xe2\x80\x9cbelieve,\xe2\x80\x9d \xe2\x80\x9cmay,\xe2\x80\x9d \xe2\x80\x9cwill,\xe2\x80\x9d \xe2\x80\x9cestimate,\xe2\x80\x9d \xe2\x80\x9ccontinue,\xe2\x80\x9d \xe2\x80\x9canticipate,\xe2\x80\x9d \xe2\x80\x9cdesign,\xe2\x80\x9d \xe2\x80\x9cintend,\xe2\x80\x9d \xe2\x80\x9cexpect\xe2\x80\x9d and similar expressions are intended to identify forward-looking statements.

Renewable Energy Group Reports First Quarter 2021 Financial Results

Retrieved on: 
Monday, May 3, 2021

Adjusted EBITDA has limitations as an analytical tool, and should not be considered in isolation, or as a substitute for any of the results as reported under GAAP.

Key Points: 
  • Adjusted EBITDA has limitations as an analytical tool, and should not be considered in isolation, or as a substitute for any of the results as reported under GAAP.
  • REG is one of North America\xe2\x80\x99s largest producers of biodiesel and an industry leading producer of renewable diesel.
  • REG utilizes a global integrated procurement, distribution and logistics network to operate 12 biorefineries in the U.S. and Europe.
  • These forward-looking statements are based on current expectations, estimates, assumptions and projections that are subject to change, and actual results may differ materially from the forward-looking statements.

As Oil Prices Rise, Filta Helps Commercial Kitchens Save by Micro-Filtering Cooking Oil to Make It Last Significantly Longer

Retrieved on: 
Thursday, April 29, 2021

"We know that labor and oil costs are the main pain points for potential customers, yet we can offer immediate help with both.

Key Points: 
  • "We know that labor and oil costs are the main pain points for potential customers, yet we can offer immediate help with both.
  • Before the pandemic shutdowns, clients paid about $20 for a 35-pound JIB (jug in box) of soybean oil.
  • "\nFilta makes commercial kitchens safer, more efficient and more environmentally sustainable by micro-filtering existing cooking oil, providing bin-free waste oil collection, deep cleaning fryers, and recycling waste oil.
  • Filta has recycled nearly 1 billion pounds of used cooking oil into biodiesel, significantly reducing the impact of fryer oil on the environment.

All Aboard: From NorCal to SoCal, New generation of Diesel to Deliver Clean Air, Climate Benefits to California Rail Commuters and Residents

Retrieved on: 
Monday, April 26, 2021

b'April 26, 2021 (WASHINGTON, DC) \xe2\x80\x93Key commuter rail providers in both Northern and Southern California have each recently announced new investments in the latest and fourth generation of advanced diesel technology to power new locomotives along with commitments for use of renewable diesel fuels, according to the Diesel Technology Forum .\n\xe2\x80\x9cDecisions by these two key leading commuter rail systems to invest in the newest generation of diesel power speaks volumes about which fuels and technologies are best suited to serve the needs of growing rail systems.

Key Points: 
  • b'April 26, 2021 (WASHINGTON, DC) \xe2\x80\x93Key commuter rail providers in both Northern and Southern California have each recently announced new investments in the latest and fourth generation of advanced diesel technology to power new locomotives along with commitments for use of renewable diesel fuels, according to the Diesel Technology Forum .\n\xe2\x80\x9cDecisions by these two key leading commuter rail systems to invest in the newest generation of diesel power speaks volumes about which fuels and technologies are best suited to serve the needs of growing rail systems.
  • Renewable diesel fuel can reduce greenhouse gas emissions by upwards of 80 percent when replacing petroleum-based fuels, according to research commissioned by several air districts in California.
  • The fuel is derived from waste vegetable oils and waste animal fats.\n\xe2\x80\x9cThe biggest greenhouse gas emissions reductions from the transportation sector in California have come from the switch to biodiesel and renewable diesel fuel, not from electrification,\xe2\x80\x9d said Schaeffer.
  • \xe2\x80\x9cThese fuels have generated far more climate benefits in California than the switch to electrified cars, trucks and buses by a factor of about three to one.\xc2\xa0 Of course, it takes a diesel engine to realize these benefits.\xe2\x80\x9d\n\xe2\x80\x9cReducing greenhouse gas emissions from the transportation sector is a formidable challenge that is without a one-size-fits all solution, which is why that near-term ready options like the newest generation of diesel power using renewable biobased diesel fuels must be a key part of future strategies.\xc2\xa0\xc2\xa0 These new locomotives will deliver immediate term clean air and climate benefits directly to frontline communities without waiting for infrastructure or other changes that are required when switching to other fuels and technologies.\n'