Renewable Energy Group partners with New Jersey terminal to market biodiesel
Biodiesel producer and marketer Renewable Energy Group (REG) announced it has entered into an agreement with Dutch Hill Terminals, a heating oil terminal in New Jersey, to market biodiesel and biodiesel blended heating oil at its Clifton, New Jersey location.
'This terminal position will give us additional capacity to serve the existing markets in the Northeast and prepare for potential growth moving into 2014,' said Gary Haer, REG VP, sales and marketing. 'As the region increases its consumption of biodiesel in transportation fuel and Bioheat (heating oil blended with biodiesel), REG will continue to provide a reliable source of high quality, clean burning, advanced biofuel.'
REG says it will offer other biodiesel blends for transportation fuel during seasonal periods from the Clifton terminal as well. The company has five other terminal sites in the north-eastern US, including Whippany and Bayonne, New Jersey and New York locations in New Hyde Park, Port Chester, Ontario and Brookhaven.
The New Jersey State Legislature is currently considering legislation which would require heating oil to contain a 3% biodiesel blend (B3), then increasing to 5% (B5). New York City has already implemented a city-wide requirement of B2 in heating oil and the New York State Legislature passed a bill which would phase in a B2 requirement state wide over two years beginning with the 2014-2015 heating oil season.