Ryze Renewables Building 2 New Plants

OAKHURST, N.J. (DTN) -- Ryze Renewables on Tuesday announced that construction is underway for two renewable diesel production facilities in Nevada, expected to produce a combined 11,000 barrels per day for western United States and Canadian markets when completed.

The first plant in Reno is expected to come online in mid-2019 while the second facility in Las Vegas will become operational starting in early 2020.

Once operational, these plants will manufacture high-cetane renewable diesel fuel from agricultural oils and animal fats, using a patented hydrogenation technology that is more efficient than current conversion processes.

Ryze Renewables has partnered with Phillips 66 for this project. Through a long-term supply and offtake agreement, Phillips 66 will supply both plants with feedstock and move 100% of the renewable product from the plants to customers in West Coast markets.

"We are excited to be building the next generation of renewable fuel plants," said Matt Pearson, Ryze Renewables managing director. "The output of these facilities will help businesses and motorists achieve the ever-increasing demand for renewable fuels on the West Coast."

Brian Mandell, senior vice president, marketing and commercial, Phillips 66, said, "These innovative Nevada plants are strategically located to provide our western customers with an efficient source of renewable diesel fuels."

Renewable diesel fuel is a "drop-in" fuel that does not need to be blended with traditional diesel like current biodiesels. Additionally, producing renewable diesel has lower overall emissions than other biofuels, which translates to a low carbon intensity score and maximizes the low-carbon fuel standard credit from the California Air Resources Board.

(BM/AG)