Advanced biofuels producer NEXT Renewable Fuels (NEXT) has entered into a long-term feedstock supply agreement with BP Products North America (BP).
Under the agreement, NEXT will purchase approximately 2 million metric tons of renewable feedstocks annually for NEXT’s planned renewable diesel facility in Port Westward, Oregon, US.
Feedstock supplied by BP will include used cooking oil, animal fats and tallows, greases and virgin seed oils.
The supply agreement represents the largest single renewable feedstock sourcing agreement contracted for a renewable fuel facility.
“Sourcing of quality renewable feedstock is a critical component of bringing on-line the world’s largest renewable diesel facility,” said Lou Soumas, president of NEXT. “We are thrilled to be partnering with BP and their global sourcing network to supply NEXT at Port Westward. Working with the BP team committed to developing new and low carbon intensity transportation fuels, NEXT and BP will deliver on a greener planet. We are honoured to be partnering with BP, and share their vision of diversifying the global liquid fuels offering for consumers.”
“As part of BP’s mission to help our customers and consumers lower their emissions, we are pleased to be supplying renewable feedstocks to NEXT as they begin producing renewable diesel fuel,” added Jason Breslaw, BP’s renewable feedstock and biodistillate business development manager for the Americas. “It’s all part of BP’s commitment to meeting the dual challenge of providing more energy with fewer emissions and to supporting a range of technologies that will help us transition to a lower-carbon future.”
The renewable diesel facility is due for completion in 2021, at which point BP will start to supply feedstock under the supply contract.