Biodiesel producer buys former Shell Oil terminal

New York-based renewable fuels producer Innovation Fuels has acquired the former Shell Oil terminal at the Port of Milwaukee in the US.

Innovation Fuels says it will use the 310,000 barrel capacity terminal to bring biodiesel and other renewable fuels in and out of the Midwest to the east coast and overseas.

The terminal was built in the 1950s as Shell Oil's Milwaukee headquarters.

It also has an idled connection to the Westshore petroleum pipeline, which could be used to bring in diesel and petrol for blending with renewable fuels.