Today we have a take of Two Fries. The first, the region of Northwest Germany known as East Frisia and where the port city of Emden is located. The other is a story of fryer oil, and a new partnership to expand distribution in restaurant truck fleets. So, German Fries and French Fries, today in […]
It’s a legendary petroleum company that began life (we kid you not) at Standard Oil of Iowa and co-founded Saudi Aramco, the world;’s largest company — it’s latest acquisition is all renewable, all domestic, in fact it’s the standard in Iowa, Renewable Energy Group. So, once again, Iowa Standard, we think. Here are the markets, […]
In Germany, Chevron Renewable Energy Group broke ground on the expansion of its Emden, Germany biorefinery during a ceremony held on Saturday. The expansion project includes the addition of a pretreatment system at the facility, which is expected to allow the business to utilize a broader variety of feedstocks for the production of biodiesel. Chevron […]
In Minnesota, Restaurant Technologies is taking a step forward in its sustainability journey by utilizing biofuels from Chevron Renewable Energy Group, a subsidiary of Chevron Corporation (in its commercial vehicle fleet. The step is unique because the biofuels come from Restaurant Technologies’ own total oil management business – one which manages millions of gallons of […]
In Texas, peanut oil powered the world’s first diesel engine when it was premiered by Rudolf Diesel at the World Exposition in Paris in 1900. Now, a collaboration between Chevron and Texas A&M AgriLife is reviving the use of peanuts as a renewable feedstock for diesel fuel with a lower carbon intensity. The five-year, multi-million-dollar […]
It’s probably not well known that Chevron’s original name was Standard Oil of Iowa, you’d be 116 years old this week if you were around back then to notice it. Congratulations on your longevity. This summer, the Iowa-Chevron tie has been revived with Chevron’s acquisition of Iowa-based Renewable Energy Group, which now becomes Chevron Renewable […]
In South Dakota, Chevron Corporation completed its previously announced acquisition of Renewable Energy Group, Inc. following approval by REG stockholders. As part of the acquisition, Chevron Renewable Energy Group will be headquartered in Ames, Iowa. The team will focus on growing Chevron’s portfolio of lower carbon fuels and feedstocks. As one company, they are combining […]
Big names with big news today – Chevron U.S.A., a subsidiary of Chevron Corporation, announced definitive agreements to supply fuel linked to renewable natural gas for a Walmart demonstration of Cummins’ new 15-liter natural gas engine for heavy-duty trucks. In today’s Digest, what the agreements entail, how Walmart’s heavy-duty trucks will be using RNG, […]
The arrival of revolutionary cover crops and use cases recall the days of the Neolithic. When news arrived that Bunge and CoverCress signed commercial partnership to support the expansion of CCI’s CoverCress technology, a new winter oilseed crop, and that Bunge Ventures recently increased its stake in CCI through a Series C-1 round, we were […]
In California and Iowa, Chevron and Renewable Energy Group struck a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 billion, or $61.50 per share. The transaction has been approved by the Boards of Directors of both companies and is expected to close in the […]
