NEXT Renewable Fuels inks feedstock supply agreement for renewable diesel project

June 04, 2019
Owning the Energy Transition More...
Project More...
Average importance

NEXT Renewable Fuels signed a 2 million metric ton per year (equivalent to 550 million gallons per year [MGY]) feedstock supply agreement with BP for its planned 600 MGY renewable diesel facility in Oregon, U.S; feedstock includes both waste oil and virgin seed oil. With Haldor Topsoe, Shell, and now BP on board, NEXT put together a strong portfolio of partners for this project, which is needed given the massive capacity of the project and the significant investment it entails. While we still believe a planned launch date of 2021 is overly ambitious, hydrotreatment technology is now commercially established, and renewable diesel capacity will continue to exponentially increase in the near term.

For the original news article, click here .

Further Reading

LanzaTech's journey from gas fermentation developer to prospective sustainable aviation fuel producer

Case Study | August 26, 2020

LanzaTech was founded in 2005 to commercialize a non‑genetically modified Clostridium for the production of ethanol, 2,3‑butanediol, and a variety of other chemicals. Since its founding, the company has raised nearly $300 million in funding from a wide range of investors, including traditional ... Not part of subscription

Renewable Diesel

Technology | November 23, 2020

Drop‑in fuel produced by hydroprocessing vegetable oils, fats, and greases and used as a direct replacement for conventional diesel fuel in transportation. Not part of subscription

United Airlines invests in and agrees to purchase 1.5 billion gallons of biofuel from Alder Fuels

News Commentary | September 23, 2021

The joint multimillion‑dollar investment from United Airlines and Honeywell is expected to accelerate the scale‑up of Alder's sustainable aviation fuel (SAF) technology, eyeing commercialization by 2025. Alder did not disclose further details about its technology other than the capability to produce... Not part of subscription