Petroleum Refining
NavigatIIR: U.S. Renewable Diesel Projects Grow in Popularity
California's Low Carbon Fuel Standard (LCFS) is driving some renewable diesel refining projects
Released Tuesday, September 01, 2020
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Researched by Industrial Info Resources (Sugar Land, Texas)--Growing production of renewable diesel fuel in the U.S. to meet low-carbon goals, either by converting existing petroleum refineries, expanding facilities or via grassroot projects, have been in the spotlight of late, largely driven by California's Low Carbon Fuel Standard (LCFS).
The LCFS provides a subsidy for low-carbon fuels, which increase in value as the carbon intensity of the particular fuel decreases, according to a March 2020 report on biomass-based diesel by the Fuels Institute, a research think tank.
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
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