Shell inks off-take agreement with NEXT Renewable Fuels for renewable diesel

February 08, 2019
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NEXT Renewable Fuels aims to build and launch a 600 million gallon per year (MGY) renewable facility in Oregon, U.S., in 2021. The company licensed Honeywell UOP's Ecofining hydrotreatment technology in 2018 for the upcoming project. This new agreement deepens Shell's involvement in renewable diesel, following its previous investment in SBI BioEnergy. With P66 also jumping aboard the renewable diesel train last year, clients should expect even more oil and gas majors to invest in new renewable diesel capacity in the coming months.

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