Ryze Renewables has partnered with Phillips 66 to build two renewable diesel fuel plants in Nevada that will be capable of producing 11,000 barrels per day.
Once operational, the two plans will manufacture high-cetane renewable diesel fuel from agricultural oils and animal fats. The facilities will use a hydrogenation technology to do this, which Ryze stated was more efficient than current conversion processes.
Ryze Renewables has partnered with Phillips 66 on a long-term supply and offtake agreement. Phillips 66 will supply both plants with feedstock and move renewable product from the plants to customers in West Coast markets.
The first plant in Reno, Nevada is expected to come online in mid-2019 and the Las Vegas location will begin operations in 2020.
Renewable diesel fuel is compatible with current diesel engines without needing to be blended with traditional diesel fuel. Producing renewable diesel has lower overall emissions than other biofuels, according to Ryze, which translates to a low carbon intensity score and maximizes the low-carbon fuel standard credit from the California Air Resources Board.
“These innovative Nevada plants are strategically located to provide our western customers with an efficient, reliable source of renewable diesel fuels,” said Brian Mandell, senior vice president, marketing and commercial, Phillips 66.
See all comments