Renewable Diesel
Drop-in fuel produced by hydroprocessing vegetable oils, fats, and greases and used as a direct replacement for conventional diesel fuel in transportation.
LUX TAKE:
Renewable diesel has emerged as the most commercially successful advanced biofuel, with 1.4 billion gallons per year of nameplate capacity globally. As fuel demand in heavy-duty transportation and shipping continues to rise, new opportunities for renewable diesel expansion will present themselves, as the industry is projected to grow to 5.6 billion gallons in nameplate capacity by 2030. Activity ...
News Commentaries
Phillips 66 to convert San Francisco refinery into a renewable fuel facility with USD 850 million investment (May 23, 2022)
Neste expands its geographical footprint into the U.S. with a 730-million-gallon-per-year facility in JV with Marathon Petroleum (March 8, 2022)