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Decarbonisation Funds Awarded in South Wales (Int'l. Report)
UK Research and Innovation
Date: 2021-04-12
UK Research and Innovation (UKRI) reports the awarding of £20 million funding to support the engineering phase of a £37 million decarbonisation programme that includes the use and production of hydrogen, carbon capture usage and storage (CCUS) and CO2 shipping from South Wales.

The programme is being led by the South Wales Industrial Cluster (SWIC) -- a partnership of organisations from the English border to Pembrokeshire's coastline that's working to promote green energy and the decarbonisation of industrial areas of Wales.

The project partners include: Associated British Ports, Capital Law Limited, Industry Wales, Lanza Tech, RWE, Shell, Tata Steel, Tarmac, University of South Wales, Valero Energy, Wales & West Utilities and others. (Source: UK Research and Innovation, Wales Energy & Environment, 11 April, 2021) Contact: UK Research and Innovation, www.ukri.org; South Wales Industrial Cluster, www.swic.cymru

More Low-Carbon Energy News Decarbonization,  Carbon Emissions,  


Port Arthur, TX DGD Refinery Set for Construction (Ind. Report)
Valero Energy, Darling Ingredients
Date: 2021-02-01
Valero Energy and Darling Ingredients are reporting their joint-venture, 470 million gpy Diamond Green Diesel (DGD) refinery in Port Arthur, Texas has received approval by both boards to move ahead with construction and is expected to come online in late 2023. (Source: Valero, Darling, PR, Biofuels Int'l, 29 Jan., 2021) Contact: Darling Ingredients, Melissa A. Gaither, VP IR, (972) 281-4478, mgaither@darlingii.com, www.darlingii.com; Diamond Green Diesel, www.diamondgreendiesel.com; Valero Renewable Fuels, Joe Gorder, Pres., (800) 324-8464, www.valero.com

More Low-Carbon Energy News Valero Energy,  Darling Ingredients,  Diamond Green Diesel ,  


Diamond Green Diesel Doubling Norco La. Plant Capacity (Ind. Report)
Diamond Green Diesel
Date: 2020-11-04
Diamond Green Diesel reports it will more than double its production of renewable diesel to 675 million gpy at its Norco, Louisiana plant with the completion of a second Honeywell Ecofining process unit with a capacity of 30,000 bpd The facility converts inedible oils and other waste fats into a high-quality renewable diesel fuel. When the second unit is expected to be completed in 2021.

Honeywell Green Diesel can be used as a drop-in replacement in diesel-powered vehicles with no engine modifications, and features up to an 80 pct lifecycle reduction in greenhouse gas emissions compared with diesel from petroleum.

Diamond Green Diesel is owned by Valero Energy Corp. and Darling Ingredients Inc.(Source: Diamond Green Diesel, PR, GreenCar Congress, 2 Nov., 2020) Contact: Darling Ingredients, Melissa A. Gaither, VP IR , (972) 281-4478, mgaither@darlingii.com, www.darlingii.com; Diamond Green Diesel, sales@diamondgreendiesel.com, www.diamondgreendiesel.com; Valero Renewable Fuels, Joe Gorder, Pres., (800) 324-8464, www.valero.com; Honeywell UOP, Rebecca Liebert, Pres.,CEO, www.uop.com

More Low-Carbon Energy News UOP Honeywell,  Diamond Green Diesel,  


Valero Reports Q2 Ethanol, Renewable Diesel Results (Ind. Report)
Valero Energy
Date: 2020-07-31
San Antonio-based Valero Energy Corporation is reporting net income attributable to Valero stockholders of $1.3 billion for Q2 of 2020 compared to net income of $612 million, or $1.47 per share, for the same period in 2019.

Renewable Diesel -- The renewable diesel segment reported $129 million of operating income for the second quarter of 2020 compared to $77 million for the second quarter of 2019. After adjusting for the retroactive blender's tax credit, renewable diesel operating income was $145 million for the second quarter of 2019. Renewable diesel sales volumes averaged 795,000 gpd -- up 26,000 gpd from Q2, 2019.

Ethanol -- The ethanol segment reported $91 million of operating income for the second quarter of 2020, compared to $7 million for the same period in 2019. Excluding the LCM inventory valuation adjustment, the second quarter 2020 adjusted operating loss was $20 million. Ethanol production volumes averaged 2.3 million gpd n the second quarter of 2020 down 2.2 million gpd from the second quarter of 2019. The decrease in adjusted operating income was attributed primarily to lower margins resulting from lower ethanol prices and lower throughput. (Source: Valero, PR, 30 July, 2020) Contact: Valero Renewable Fuels, Joe Gorder, Pres., Homer Bhullar, VP Investor Relations, 210-345-1982, www.valero.com

More Low-Carbon Energy News Valero Energy,  Renewable Diesel,  Ethanol,  


Valero Updates Ethanol, Renewable Diesel Results (Ind. Report)
Valero Energy
Date: 2020-05-01
In its just released Q1 financial results report, San Antonio-headquartered Valero Energy Corp., the second-largest U.S. oil processor by capacity, noted that while operations are being impacted by the COVID-19 pandemic the demand for transportation fuels is beginning to rebound.

As per our 8 November, 2019 report, Valero has temporarily idled several of its ethanol plants. Ethanol production volumes for Q1 averaged 4.1 million gpd -- in line with production levels for Q1, 2019.

Valero's ethanol segment reported a $197 million operating loss for the first quarter of 2020, compared to $3 million in operating income for the same period of 2019. The decrease in operating income was primarily attributed to lower ethanol prices and higher corn prices, according to the report.

The report noted the impacts to its renewable diesel operations have not been as severe and progress is continuing on the Diamond pipeline expansion and the Diamond Green Diesel project, both of which are expected to be complete in 2021. Capacity at the Diamond Green Diesel facility is being expanded to 675 MMgy. Renewable diesel sales averaged 867,000 gpd during Q1 this year -- up 77,000 gpd when compared to the same period 2019. (Source: Valero, April, 2020) Contact: Valero Renewable Fuels, Joe Gorder, Pres., (800) 324-8464, www.valero.com

More Low-Carbon Energy News Renewable Biesel,  Valero Energy,  Ethanol,  


Valero Energy Halts 60 pct of Ethanol Production (Ind. Report)
Valero
Date: 2020-04-15
San Antonio-headquartere Valero Energy Corp., the second-largest U.S. oil processor by capacity, is reporting the temporary shutdown of 60 pct of its ethanol plant production capacity.

On 8 Nov., 2019, Valero stopped ethanol production at its corn ethanol facilities in Riga, Michigan and Bluffton, Indiana, due to "weak margins" and "market conditions". The plants will resume production "as soon as favorable economic conditions exit", according to the company's website. (Source: Valero, Website, 14 April, 2020) Contact: Valero Renewable Fuels, Joe Gorder, Pres., (800) 324-8464, www.valero.com

More Low-Carbon Energy News Valero Energy,  Ethanol,  


Global Sweet Sorghum Ethanol Market Report Offered (Ind. Report)
Sweet Sorghum
Date: 2020-03-16
Market Research Hub is offering Sweet Sorghum Ethanol Market Insights 2018-2025, an in-depth study of the current state of the global Sweet Sorghum Ethanol industry.

The report provides key statistics on the market status of the Sweet Sorghum Ethanol manufacturers and in-depth insights into the 2018-2025 global Sweet Sorghum Ethanol market. The report depicts the global total market of Sweet Sorghum Ethanol industry by geographic region, product type and key players -- Poet, Valero Energy Corporation, Green Plains Renewable Energy, Flint Hills Resources, Chemguide, Shrijee Group, Anchor Ethanol -- the company profile, product specifications, capacity, production value, and 2018-2025 market shares for each company.

Reports details HERE . Report purchase information HERE. (Source: Market Research Hub, 1Daily Science, 5 Mar., 2020) Contact: Market Research Hub, 800-998-4852, sales@marketresearchhub.com, www.marketresearchhub.com

More Low-Carbon Energy News Sweet Sorghum,  Ethanol ,  


Diamond Green Diesel Inks Distribution, Terminal Deal (Ind. Report)
Darling Ingredients ,Diamond Green Diesel
Date: 2020-02-28
In the Lone Star State, Irving-based Darling Ingredients Inc. is reporting its joint venture with Valero Energy Corporation -- Diamond Green Diesel (DGD) has entered into a long-term lease agreement allowing DGD use of the St. Rose IMTT Terminal as a logistics hub for DGD's expanding renewable diesel facility in Norco, LA.

Under the agreement, IMTT will construct two pipelines connecting the terminal with the DGD Norco, LA renewable diesel facility, as well as re-purpose approximately 790,000 barrels of storage capacity from petroleum storage to renewable diesel feedstock and finished product prior to the end of 2021 -- coinciding with the anticipated startup of DGD's current 400-million gpy expansion project. (Source: Darling Ingredients, PR, 25 Feb., 2020) Contact: Darling Ingedients, Melissa A. Gaither, VP IR , (972) 281-4478, mgaither@darlingii.com, www.darlingii.com;Diamond Green Diesel, sales@diamondgreendiesel.com, www.diamondgreendiesel.com; Valero Renewable Fuels, Joe Gorder, Pres., (800) 324-8464, www.valero.com

More Low-Carbon Energy News Darling Ingredients ,  Diamond Green Diesel,  


Valero, AFPM Seek "Point of Obligation" Clarification (Reg & Leg)
Valero Energy ,American Fuel and Petrochemical Manufacturers
Date: 2020-01-08
San Antonio-headquartered Valero Energy Corp., the second-largest U.S. oil processor by capacity, and the American Fuel and Petrochemical Manufacturers organization have filed a court petition asking the U.S. Supreme Court to determine whether the U.S. EPA is required to consider petitions to change the "point of obligation" under the Clean Air Act's Renewable Fuel Standard.

The petition notes: "The Clean Air Act's Renewable Fuel Standard (RFS) program requires EPA to undertake annual notice-and-comment rule making to determine a 'renewable fuel obligation' for the nation's transportation fuel supply. The first of three annual 'required elements' is to determine the point of obligation -- i.e., to ensure that the obligation shall be applicable to refineries, blenders, and importers, as appropriate. EPA admits that it initially placed the point of obligation on refineries and importers, but not blenders, for reasons of administrative convenience. EPA has repeatedly refused to re-examine that placement in annual rule making, and it denied petitions for rule making seeking reconsideration out-side the statutorily-mandated annual assessment."

The petition specifically questions: whether the requirement that EPA "shall" make a "calendar year" determination of the "appropriate" point of obligation requires EPA to consider in each annual rule whether the point of obligation remains appropriate.The petition also questions whether EPA can evade the annual duty by partitioning the point of obligation into a one-time collateral proceeding that ignores key evidence,relies primarily on the agency's own convenience, and claims more deference from a reviewing court than an annual rule would receive. (Source: AFPM Website, Valero Energy, Ethanol Producer, 6 May, 2019) Contact: American Fuel and Petrochemical Manufacturers, www.afpm.org; Valero Renewable Fuels, Joe Gorder, Pres., (800) 324-8464, www.valero.com

More Low-Carbon Energy News American Fuel and Petrochemical Manufacturers ,  RFS,  Point of Obligation,  Valero Energy ,  


Valero Shuts Down Two Corn Ethanol Plants (Ind. Report)
Valero Energy
Date: 2019-11-08
San Antonio-headquartere Valero Energy Corp., the second-largest U.S. oil processor by capacity, is reporting the temporary shutdown of its corn ethanol production facilities in Riga, Michigan and Bluffton, Indiana, due to "weak margins" and "market conditions". The plants will resume production "as soon as favorable economic conditions exit", according to the company's website. (Source: Valero Energy Corp., Bloomberg, 7 Nov., 2019) Contact: Valero Renewable Fuels, Joe Gorder, Pres., (800) 324-8464, www.valero.com

More Low-Carbon Energy News Valero Energy,  Ethanol,  


Diamond Green Diesel Plans $1.1Bn Expansion (Ind. Report)
Diamond Green Diesel
Date: 2019-10-02
Honeywell is reporting the Valero Energy and Darling Ingredients joint venture Diamond Green Diesel facility in Norco, Louisiana, will invest $1.1 billion to expand its annual production capacity of renewable diesel using Honeywell UOP's Ecofining™ process technology to meet growing demand for renewable fuels in North America and Europe.

Producing 275 million gpy of Honeywell Green Diesel™, Diamond Green Diesel is the largest commercial advanced biofuel facility in the US. The expansion, which will increase the facility's annual production by nearly 150 pct to 675 million gpy, will also produce about 60 million gpy of renewable naphtha when completed and operational in late 2021.

Diamond Green Diesel's product is a qualified Advanced Biofuel under the US EPA Renewable Fuel Standard (RFS). (Source: Honeywell, Hydrocarbon Engineering, Oct., 2019) Contact: Diamond Green Diesel, sales@diamondgreendiesel.com, www.diamondgreendiesel.com; Valero Renewable Fuels, Joe Gorder, Pres., (800) 324-8464, www.valero.com; Darling Ingedients, Melissa A. Gaither, VP IR , (972) 281-4478, mgaither@darlingii.com, www.darlingii.com; Honeywell UOP, Bryan Glover, VP Petrochemicals & Refining Technologies, www,uop.com

More Low-Carbon Energy News Honeywell UOP,  Diamond Green Diesel,  Renewable Diesel,  Valero,  Green Diesel,  Darling Ingedients,  


Renewable Diesel Plant Considered for Port Arthur, Tex. (Ind. Report)
Valero, Darling Ingredients
Date: 2019-09-11
In the Lone Star State, San Antonio-headquartered Valero Energy Corp. reports it and Darling Ingredients Inc. are looking at engineering and development costs for a possible new renewable-diesel plant to be constructed in Port Arthur, Texas. The proposed 400 million gpy renewable diesel would also produce 40 million gpy of renewable naphtha.

Diamond Green Diesel -- a JV formed between a subsidiary of Valero and Irving, Texas-based low-carbon feedstock supplier Darling Ingredients Inc.-- would own and operate the new plant, which would be the first renewable diesel facility in Texas, as a 50-50 joint venture between Valero and Darling. With the proposed Port Arthur plant, Diamond Green Diesel's renewable diesel production would rise to roughly 1.1 billion gpy.

Investors are expected to make a final decision on the project in 2021, at which time construction could get underway for commissioning and operation in 2024.(Source: Valero, PR, 9 Sept. 12News ABC, Beaumont, Texas, 10 Sept., 2019) Contact: Valero Renewable Fuels, Joe Gorder, Pres., (800) 324-8464, www.valero.com; Darling Ingedients, Melissa A. Gaither, VP IR , (972) 281-4478, mgaither@darlingii.com, www.darlingii.com; Diamond Green Diesel, sales@diamondgreendiesel.com, www.diamondgreendiesel.com

More Low-Carbon Energy News Diamond Green Diesel,  Renewable Diesel,  Valero,  Green Diesel,  Darling Ingedients,  


Valero Expanding Diamond Green Diesel Plant Capacity (Ind. Report)
Valero Energy,Darling Ingredients
Date: 2018-11-07
San Antonio-headquartered Valero Energy Corp. reports its Board of Directors has approved a project to increase production capacity at its Diamond Green Diesel (DGD) plant in Norco, LA. to 675 million gpy of renewable diesel.

DGD is a JV formed between a subsidiary of Valero and Irving, Texas-based low-carbon feedstock supplier Darling Ingredients Inc.

With low carbon mandates in North America and Europe projected to continue driving strong demand and premium pricing for renewable diesel, this expansion adds a second, independent parallel plant adjacent to the existing facility and a renewable naphtha finishing facility, which provides incremental low carbon fuel standard credit generation capability. Valero expects the project to be completed in late 2021. (Source: Valero Energy Corp.,PR, 5 Nov., 2018) Contact: Darling Ingedients, Melissa A. Gaither, VP IR , (972) 281-4478, mgaither@darlingii.com, www.darlingii.com; Valero, Joe Gorder, Pres., John Locke, VP Investor Relations, (210) 345-3077, www.valero.com

More Low-Carbon Energy News Valero Energy,  Darling Ingredients ,  Green Diesel,  Renewable Diesel,  


Valero Snares Peruvian Biofuels Importer Pure Biofuels (M&A)
Valero Energy,Pure Biofuels
Date: 2018-05-16
San Antonio, Texas-based Valero Energy Corp. subsidiary Valero Renewable Fuels Company LLCT is reporting the acquisition of Lima, Peru-based fuel importer Pure Biofuels del Peru SAC (PBF) from private equity firm Pegasus Capital Advisors LP for an undisclosed sum. The acquisition includes refined products terminals and storage capacity in Callao, near Lima. The Callao facility has mooring and unloading systems with Panamax vessel capability.(Source: Valero, Renewables, 15 May, 2018) Contact: Valero Renewable Fuels, Joe Gorder, Pres., (800) 324-8464, www.valero.com; Pure Biofuels, +511 616 9292, www.pbf.com.pe

More Low-Carbon Energy News Valero Energy,  Pure Biofuels,  Ethanol,  

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