Premium Industrial NewsU.S. Renewable Diesel Market Ramps Up Amid Shift in Energy Industry
U.S. Renewable Diesel Market Ramps Up Amid Shift in Energy Industry
Industry Segment: Alternative Fuel | Word Count: 786 Words
Attachment: US bio-renew diesel 1021
SUGAR LAND--October 7, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Just a few years ago, the U.S. renewable diesel market was a flicker on the energy horizon. Since then, it has become one of the fastest-growing segments of a rapidly diversifying Alternative Fuels Industry. The U.S. Department of Energy (DoE) projects renewable diesel will account for roughly 7% of the overall diesel pool by 2030--which is a sizable portion, given the many energy sources now in play. Industrial Info is tracking more than $5.6 billion worth of biodiesel or renewable diesel projects nearing or under construction in the U.S., with nearly 60% of that amount attributed to just three projects in Texas and Louisiana.
Within this article: Details on some of the highest-valued U.S. biodiesel or renewable diesel projects nearing or under construction, including those from key companies such as Diamond Green Diesel LLC, Valero Energy Corporation (NYSE:VLO), Renewable Energy Group Incorporated and Global Clean Energy Holdings Incorporated.
Other companies featured: Delek US (NYSE:DK)
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