ExxonMobil has signed an settlement with Global Clean Energy Holdings to buy 2.5 million barrels of renewable diesel per 12 months for 5 years from a transformed California refinery beginning in 2022.
The renewable diesel can be sourced from a refinery acquired by Global Clean Energy in Bakersfield, California, which is being retooled to provide renewable diesel from Global Clean Energy’s patented kinds of camelina, a fallow land crop that doesn’t displace meals crops, and different non-petroleum feedstocks. Following scheduled manufacturing startup in 2022, ExxonMobil plans to distribute the renewable diesel inside California and doubtlessly to different home and worldwide markets.
“Our settlement with Global Clean Energy builds on ExxonMobil’s longstanding efforts to develop and provide merchandise that assist meet society’s vitality wants whereas decreasing environmental impacts,” stated Bryan Milton, president of ExxonMobil Fuels and Lubricants Company. “Chemically just like petroleum-based diesel, renewable diesel could be readily blended to be used in engines available on the market at this time.”
“Our relationship with ExxonMobil is an ideal match for Global Clean Energy and the Bakersfield biorefinery as a result of it leverages ExxonMobil’s scale and unmatched market perspective to unlock worth for each firms,” stated Richard Palmer, CEO of Global Clean Energy Holdings. “By combining upstream feedstock provide and downstream manufacturing, we’re shifting towards the absolutely built-in manufacturing mannequin pioneered by ExxonMobil.”
In addition to camelina, varied non-petroleum feedstocks, together with used cooking oil, soybean oil, distillers’ corn oil and different renewable sources can be refined to provide the renewable diesel.
Camelina oil was first utilized in northern Europe a whole lot of years in the past for meals, medication and lamp oil. It is extracted from seeds of Camelina sativa, a plant native to Europe, which grows properly in chilly and arid climates. Camelina manufacturing dropped after World War II, as camelina was changed with higher-yielding crops.
Based on evaluation of California Air Resources Board (CARB) information, renewable diesel from varied non-petroleum feedstocks can present life-cycle greenhouse fuel emissions reductions of roughly 40 p.c to 80 p.c in comparison with petroleum-based diesel.
Global Clean Energy Holdings is a number one developer of sustainable, non-food vitality crops to be used in biofuels. GCEH’s wholly owned subsidiary, Sustainable Oils, is the main developer of camelina, a fast-growing, low enter, dryland farmed rotation crop. As it’s cultivated completely on unirrigated fallow land, camelina doesn’t displace meals or create oblique land use change. It additionally permits farmers to enhance complete farm economics by way of higher total asset utilization.
(Source: ExxonMobil – Image: Harvesting camelina sativa)

The put up EXXONMOBIL SIGNS RENEWABLE DIESEL AGREEMENT WITH GLOBAL CLEAN ENERGY appeared first on Energy Global News.

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