In Texas, ICIS reports that traditional biodiesel producers are beginning to feel threatened by renewable diesel producers as expansion of the newer technology could potentially threaten market share. With oil industry players like Valero jumping in with major investments like Diamond Green Diesel in Norco, Louisiana where an additional $1.1 billion is destined to expand name plate capacity to 675 million gallons from 275 million gallons currently, biodiesel could start to look a bit out of date.
Category: Fuels