Oil, Ag Partner On New Canola Venture To Fuel bio-Boom

By Mike Wilson

Farm Futures

Chevron Renewable Energy Group is expanding its renewable diesel production facility in Geismar, Louisiana at an estimated cost of $950 million, with full operability in 2024. Upon completion the fuel produced at Geismar will annually reduce CO2 emissions by up to 2.8 million metric tons, or the equivalent to greenhouse gas emissions from 7.1 billion miles driven by an average passenger vehicle.

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