By BIOX Corporation
By BIOX Corporation
Jan. 19, 2017 - Renewable energy company BIOX, in a joint venture with World Energy BIOX Biofuels LLC (WEBB), has completed the commissioning of its 90 million U.S. gallon (USG) nameplate capacity biodiesel production facility in Houston, Texas. The facility started operating at full capacity in December 2016.
“The commissioning of the Houston facility significantly increases the product we produce, control and distribute. Strategically located at one of the largest liquid fuels terminals in the U.S., the facility has immediate, cost-efficient logistical access to supply the nation’s largest customers,” said Alan Rickard, CEO of BIOX. “The timing of commissioning is ideal as it coincides with the increase to the U.S. Renewable Volume Obligation for biomass-based diesel for 2017. Given its scale and its access to the key Gulf Coast and East Coast markets, we believe Houston’s production will drive our bottom-line results significantly higher based on the existing pricing fundamentals in the U.S. biodiesel market”
The Houston facility operates two equal-sized production trains that combine to provide a nameplate capacity of 90 million USG, or 341 million litres. It uses crude degummed grade vegetable oils as its biodiesel feedstock. WEBB acquired the facility in June 2016 from Kinder Morgan. It is located within the Kinder Morgan Liquids terminal, a major diesel distribution hub in the southern U.S. market. This location provides WEBB’s biodiesel facility with immediate access to a deep-water port, rail, truck and pipeline providing distribution to all major U.S. markets.
BIOX is a renewable energy company that, owns and operates 287.5 million litres of nameplate biodiesel production capacity at plants located in Houston, Texas and two facilities in southern Ontario. BIOX has an innovative, proprietary and patented production process that is capable of producing the highest quality, renewable, clean burning and biodegradable biodiesel fuel utilizing a variety of feedstocks – from pure seed oils to animal fats to recovered vegetable oils with no change to the production process. BIOX’s high quality biodiesel fuel meets North American (ASTM D-6751) quality standards. www.bioxcorp.com