ExxonMobil Increasing Biodiesel Offerings
July 4, 2011
ExxonMobil will begin to sell biodiesel-blended ultra-low-sulfur diesel for the first time at four rack terminals in Texas this summer,
according to a recent OPIS news article.
The company will offer ULSD with up to a 5 percent biodiesel blend at their terminals in Irving and North Houston and via third party terminals in Tyler, and Pasadena.
ExxonMobil did not provide details on the exact availability dates, but told OPIS that the company will offer a similar product in other regional markets. Sources speculated that the move to biodiesel blended ULSD was to meet the rising Renewable Fuel Standard mandate.
"As America's first fully commercialized Advanced Biofuel, the biodiesel industry looks forward to working with ExxonMobil and other petroleum partners to continue to seamlessly improve the infrastructure and grow the domestic diesel fuel pool," said Joe Jobe, CEO of the National Biodiesel Board.