Oil refiner Holly joins Endicott's US biodiesel project
Endicott Biofuels has teamed up with US petroleum refiner Holly Corp. to form the Sabine Biofuels joint venture, in which the companies will collaborate on a 30mn gal/year biorefinery currently under construction in Port Arthur, Texas.
Sabine Biofuels will employ Davy technology which is proven, patent-protected and licensed to EBF in North America, it said.
The Port Arthur facility, using this technology, will convert a full range of inedible, renewable fats or oils, in any proportion, to high-quality biodiesel.
"This joint venture will assist Holly in meeting its biofuel obligations under the federal Renewable Fuel Standard," said George Damiris, senior vice president of supply and marketing for Holly.
"We are looking forward to our partnership with Endicott on this venture, and possibly others in the future,” he added.
"We are extremely pleased to join forces with Holly on this opportunity," said David Robinson, CEO of Endicott. "Both of our companies understand the value of finding renewable, economic sources of transportation fuel to supplement traditional petroleum sources.
“We believe the combination of Endicott's unique, proven process with Holly's industry-leading petroleum refining, distribution and marketing capability will make Sabine Biofuels the absolute leader in biorefining,” Robinson added.
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