UPS signed agreements for up to 46 million gallons of renewable fuels over the next three years

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United Parcel Service, the world’s largest package delivery company, has signed agreements for up to 46 million gallons of renewable fuels over the next three years. The company, also known as UPS, says the deal represents a 15-fold increase over its prior contracts and make it one of the largest users of renewable diesel in the world.

The agreements with three leading suppliers of renewable fuels, secure access to an advanced renewable diesel fuel in order to meet the company’s objectives for alternative fuel utilization. Neste, Renewable Energy Group and Solazyme will supply renewable diesel to UPS to help facilitate the company’s shift to move more than 12 percent of its purchased ground fuel from conventional diesel and gasoline fuel to alternative fuels by the end of 2017.

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