Phillips 66, a diversified energy manufacturing and logistics company, and Renewable Energy Group Inc said on Tuesday they plan to stop the joint construction of a renewable diesel plant in Washington and have canceled the project following permitting delays and other uncertainties.
Originally announced in fall 2018, this 250 million gallon per year project would have resulted in the largest renewable diesel refinery on the West Coast of the United States.
San Diego-based Genomatica, a technology leader for bio-based chemicals, has acquired certain assets of the REG Life Sciences division (REG LS) of Renewable Energy Group, Inc., the largest supplier of advanced biofuels in North America. Genomatica intends to use these assets to develop a wider range of sustainable chemicals which in turn are used to make numerous everyday materials and products.
US companies Phillips 66 and Renewable Energy Group, Inc. joined forces for the construction of a large-scale renewable diesel plant on the U.S. West Coast. The plant would utilize REG’s proprietary BioSynfining® technology for the production of renewable diesel fuel. Planned feedstocks include a mix of waste fats, oils and greases, including regionally-sourced vegetable oils, animal fats and used cooking oil.
