ConocoPhillips continues this week to uphold its ongoing commitment to finding solutions for a secure energy future.
Yesterday, ConocoPhillips and Tyson Foods announced a strategic alliance to make the next generation of renewable diesel fuel from beef, pork and poultry fat. The alliance will create a transportation fuel that contributes to America's energy future, helps address climate change concerns and helps supplement the traditional oil-based diesel fuel supply.
Please read more about this announcement below and please see related stories featured in this email.
As ConocoPhillips continues to take the Conversation on Energy across America, you will receive periodic news announcements or other items of note. Thank you for your interest in our nation's key energy issues.
--------------------------------------------------------------------------------
ConocoPhillips and Tyson Foods Announce Strategic Alliance To Produce Next Generation Renewable Diesel Fuel Companies partner to promote energy security and address climate change concerns (4.16.07) ConocoPhillips and Tyson Foods, Inc. announced a strategic alliance yesterday to produce and market the next generation of renewable diesel fuel, which will help supplement the traditional petroleum-based diesel fuel supply. The alliance plans to use beef, pork and poultry by-product fat to create a transportation fuel. This fuel will contribute to America's energy security and help to address climate change concerns.
Over the last year, the companies have been collaborating on ways to leverage Tyson's advanced knowledge in protein chemistry and production with ConocoPhillips' processing and marketing expertise to introduce a renewable diesel to the United States.
Tyson will make capital improvements this summer in order to begin pre-processing animal fat from some of its North American rendering facilities later in the year. ConocoPhillips also will begin the necessary capital expenditures to enable it to produce the fuel in several of its refineries. The finished product will be renewable diesel fuel mixtures that meet all federal standards for ultra-low-sulfur diesel. Production is expected to ramp up over time to as much as 175 million gallons per year of renewable diesel.
|