Renewable Energy Group Expands Presence in Northeast with Another New Jersey Terminal

Biodiesel producer and marketer Renewable Energy Group®, Inc., announced it has entered into an agreement with Dutch Hill Terminals, a leading heating oil terminal in New Jersey, to market biodiesel and biodiesel blended heating oil at its Clifton, New Jersey location.

“This terminal position will give us additional capacity to serve the existing markets in the Northeast and prepare for potential growth moving into 2014,” said Gary Haer, REG Vice President, Sales and Marketing. “As the region increases its consumption of biodiesel in transportation fuel and Bioheat® (heating oil blended with biodiesel) REG will continue to provide a reliable source of high quality, clean burning, advanced biofuel.”

REG Clifton is located at 568 Paulison and now has REG biodiesel blended heating oil available. The company will offer other high quality biodiesel blends for transportation fuel during seasonal periods from the Clifton terminal as well. REG has five other terminal locations in the Northeast, including Whippany and Bayonne, New Jersey and New York locations in New Hyde Park, Port Chester, Ontario and Brookhaven.

The New Jersey State Legislature is currently considering legislation which would require heating oil to contain a three percent biodiesel blend (B3), then increasing to five percent (B5). New York City has already implemented a city-wide requirement of B2 in heating oil and the New York State Legislature passed a bill which would phase in a B2 requirement state wide over two years beginning with the 2014-2015 heating oil season. As data presented by the City of New York shows, cleaner heating oil has had a profound impact on the air quality and health of the residents of the city.

“REG Clifton is a great addition to our biodiesel sales and distribution capabilities in the Northeast market,” said Dave Elsenbast, REG Vice President, Supply Chain. “This position allows us to further expand in the incentivized and growing biodiesel market.”

Patriot Holdings, LLC Announces Plan to Build Biodiesel Production Facility Adjacent to Patriot Renewable Fuels, LLC Ethanol Plant

 

Patriot Holdings, LLC announced today that Patriot’s Board of Directors approved the formation of a new subsidiary (Patriot Fuels, Biodiesel, LLC) to build a five million gallon BioDiesel production facility adjacent to the Patriot Renewable Fuels, LLC (“PRF”) ethanol plant in Annawan, Illinois. The plant will utilize corn oil extracted from the 40 million bushels of corn that PRF processes annually, Vice President and General Manager Rick Vondra stated. “PRF began corn oil extraction in 2011 and this is a natural extension of that business. We have been extracting increasing volumes of corn oil and selling it to other biodiesel producers, or for inclusion into livestock feed. By processing corn oil onsite we can reduce transportation, and marketing costs making Patriot’s biodiesel one of the most cost competitive producers in the biodiesel industry today”.

The funding and development of this project is helped by the Illinois Department of Commerce and Economic Opportunity (DCEO) New Generation Biofuels Production Program.

Biodiesel blends have been found to significantly reduce the amount of toxic carbon-based emissions, and for this reason are considered an advanced biofuel by the Environmental Protection Agency.

By adding this process, Patriot will produce two fuels from the same amount of corn.; ethanol for the automotive industry, and biodiesel for agriculture and the trucking industry. At the same time Patriot will continue to produce dried distillers grain and soluble (DDGS), the high quality livestock feed which is exported to China and other Pacific Rim countries for their growing livestock industry.

Concrete and foundation work will begin in December and the plant is scheduled to begin operation by the third quarter of 2014. The plant will utilize the SUPER™ Process production system designed by Jatro Diesel, Miamisburg, OH. Rahul Bobbili, Jatro’s Vice President stated “Jatro has built more than 15 biodiesel plants and is excited that Patriot will use this new technology.

The new technology being offered is a single stage, catalyst free, super critical process technology that will process feedstock with Free Fatty Acids (FFAs) up to 100% with minimal or no loss in yield. It will completely eliminate the use of a homogenous catalyst such as Sodium Methylate or a heterogenous catalyst, providing a substantial savings.

Patriot’s General Manager Rick Vondra added, “Today, we are a producer of 120 million gallons of ethanol per year. With the previously announced addition of ICM, Inc’s., Selective Milling Technology™(SMT™). PRF will see increased ethanol and corn oil recovery yields, resulting in higher revenues. Five million gallons of biodiesel will further increase our revenues”.

Our plant in Annawan has created jobs and stimulated economic growth in our community and beyond. With strength of our 200 local and Midwestern investors, we’ll harness the strength of a diversified product line and continue to make a positive impact on agriculture and economic development.”

Green Plains Completes Acquisition of Two Ethanol Plants

Green Plains Renewable Energy, Inc. announced recently that it had completed the previously-announced acquisition of two ethanol plants, located in Wood River, NE and Fairmont, MN, from Ethanol Holding Company, LLC, an entity composed of the predecessor owners' lender group. The acquisition increases Green Plains' production capacity to over one billion gallons of ethanol per year.

"Our team worked to quickly complete this acquisition and will now move to integrate these two plants into our platform as seamlessly as possible," stated Todd Becker, President and Chief Executive Officer. "We will also continue to execute on our strategy to expand and diversify our business and to build long-term shareholder value."