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Released September 08, 2023 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Renewable diesel production is on the rise in the U.S., prompted by rising state and federal targets for renewable fuels and the renewal of biomass-based diesel tax credits, according to the U.S. Energy Information Administration (EIA).
In January 2023, U.S. production capacity of renewable diesel and other biofuels reached 3 billion gallons per year, surpassing U.S. biodiesel production capacity for the first time, the EIA said in its Today in Energy report on September 5. The report noted since 2021, renewable diesel and other biofuels production capacity has more than tripled in the U.S. Over the same period, biodiesel capacity has declined 13%.
Between January 2022 and January 2023, the U.S. production capacity for renewable diesel and other biofuels grew by 1.25 billion gallons per year, a 71% increase.
"An example of a state with new and growing capacity is Texas, which had no renewable diesel and other biofuels capacity in January 2022," the EIA noted. "By January 2023, Texas had 537 million (gallons per year) of capacity, the second-highest after Louisiana."
Industrial Info is tracking 24 active capital renewable diesel projects in the U.S., valued at more than $10 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Alternative Fuels Project Database can click here for a list of detailed project reports.
Among those projects is Chevron Corporation's (NYSE:CVX) (San Ramon, California) Geismar Renewable Diesel plant upgrade/expansion in Louisiana. The project involves process optimization to existing equipment and the installation of additional equipment to increase its capacity from 90 million gallons to 340 million gallons per year. The project kicked off in the fourth quarter of 2021 and is on track for completion in fourth-quarter 2023. Subscribers can click here for the project report.
Also in Louisiana, Strategic Biofuels LLC (Columbia, Louisiana) is planning to build a renewable diesel and naphtha plant that would use forestry waste feedstocks to produce 33 million gallons per year of renewable fuels, including 39 million gallons of renewable diesel and 4 million gallons of renewable naphtha. If all goes as planned, the project will kick off in the first quarter of 2024 and reach completion in mid-2027. Subscribers can click here for the project report.
In California, work continues on Marathon Petroleum Corporation's (NYSE:MPC) (Findlay, Ohio) conversion of its Martinez Refinery in the San Francisco Bay area to produce renewable diesel. Phase I construction has been completed, and the refinery can now produce 260,000 gallons per year of renewable diesel. Phase II construction activities are on schedule, with the facility expected to be capable of producing 730 million gallons per year by the end of 2023. Subscribers can click here for a related report.
Also in California, a brownfield renewable diesel project from Global Clean Energy Holdings Incorporated Long Beach, California) is planned to wrap up this year in Bakersfield. The project will vertically integrate and upgrade/revamp an idled refinery to produce 15,000 barrels per day of renewable diesel. Subscribers can click here for the project report.
Earlier this year, the EIA said U.S. production capacity for renewable diesel could greatly increase from current levels by the end of 2025.
"Although we expect some announced projects will be delayed or canceled, if all projects begin operations as scheduled, U.S. renewable diesel production capacity could reach 384,000 (BBL/d), or 5.9 billion (gallons per year), by the end of 2025, the EIA said.
Subscribers can click here for a list of project reports mentioned in this article and click here for the related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
In January 2023, U.S. production capacity of renewable diesel and other biofuels reached 3 billion gallons per year, surpassing U.S. biodiesel production capacity for the first time, the EIA said in its Today in Energy report on September 5. The report noted since 2021, renewable diesel and other biofuels production capacity has more than tripled in the U.S. Over the same period, biodiesel capacity has declined 13%.
Between January 2022 and January 2023, the U.S. production capacity for renewable diesel and other biofuels grew by 1.25 billion gallons per year, a 71% increase.
"An example of a state with new and growing capacity is Texas, which had no renewable diesel and other biofuels capacity in January 2022," the EIA noted. "By January 2023, Texas had 537 million (gallons per year) of capacity, the second-highest after Louisiana."
Industrial Info is tracking 24 active capital renewable diesel projects in the U.S., valued at more than $10 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Alternative Fuels Project Database can click here for a list of detailed project reports.
Among those projects is Chevron Corporation's (NYSE:CVX) (San Ramon, California) Geismar Renewable Diesel plant upgrade/expansion in Louisiana. The project involves process optimization to existing equipment and the installation of additional equipment to increase its capacity from 90 million gallons to 340 million gallons per year. The project kicked off in the fourth quarter of 2021 and is on track for completion in fourth-quarter 2023. Subscribers can click here for the project report.
Also in Louisiana, Strategic Biofuels LLC (Columbia, Louisiana) is planning to build a renewable diesel and naphtha plant that would use forestry waste feedstocks to produce 33 million gallons per year of renewable fuels, including 39 million gallons of renewable diesel and 4 million gallons of renewable naphtha. If all goes as planned, the project will kick off in the first quarter of 2024 and reach completion in mid-2027. Subscribers can click here for the project report.
In California, work continues on Marathon Petroleum Corporation's (NYSE:MPC) (Findlay, Ohio) conversion of its Martinez Refinery in the San Francisco Bay area to produce renewable diesel. Phase I construction has been completed, and the refinery can now produce 260,000 gallons per year of renewable diesel. Phase II construction activities are on schedule, with the facility expected to be capable of producing 730 million gallons per year by the end of 2023. Subscribers can click here for a related report.
Also in California, a brownfield renewable diesel project from Global Clean Energy Holdings Incorporated Long Beach, California) is planned to wrap up this year in Bakersfield. The project will vertically integrate and upgrade/revamp an idled refinery to produce 15,000 barrels per day of renewable diesel. Subscribers can click here for the project report.
Earlier this year, the EIA said U.S. production capacity for renewable diesel could greatly increase from current levels by the end of 2025.
"Although we expect some announced projects will be delayed or canceled, if all projects begin operations as scheduled, U.S. renewable diesel production capacity could reach 384,000 (BBL/d), or 5.9 billion (gallons per year), by the end of 2025, the EIA said.
Subscribers can click here for a list of project reports mentioned in this article and click here for the related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).
