Biodiesel producer Renewable Energy Group (REG) has entered a partnership with Broco Oil Company to provide clean fuel options to heating oil dealers in the northeast of the US.
Under the partnership, the two companies will collaborate on a biodiesel blending facility in Haverhill, Massachusetts.
“We are thrilled to be partnering with a biofuels producer like REG to continue to grow our business,” said Robert Brown, owner of Broco Oil. “We believe in the environmental and economic value that blending biodiesel brings to our business and our customers and we are passionate about providing a clean and sustainable fuel option.”
The companies will provide Bioheat®, a blend of biodiesel and ultra-low sulphur heating oil, from the facility in Haverhill. According to REG, terminal upgrades at the facility will include rail improvements and infrastructure to allow for blending at the loading rack.
“The partnership between REG and Broco is a great opportunity for both businesses to deliver a high-quality, cleaner fuel solution to the Commonwealth of Massachusetts,” added Barry Knox, director of Blended Fuels for REG. “This partnership is aligned with our business goal of delivering blended fuel options to our valued customers.”