Published by Todd Bush on September 18, 2023
First commercial demonstration of low carbon intensity, non-food seed oil to open new markets for Montana
INDIANAPOLIS , Sept. 18, 2023 /PRNewswire/ -- Calumet Specialty Products Partners, L.P. (NASDAQ: CLMT) today announced that Montana Renewables LLC ("MRL") is hosting an event with the Montana community to celebrate the first receipts of Camelina Oil into its Great Falls renewable fuels facility today. Representatives of the State, County and City governments along with suppliers and supporters of rural agricultural development will attend today's ceremony in Great Falls, Montana at 10 am local time.
MRL consumes over 1.5 billion pounds per year of rendering wastes and seed oils which are used to produce renewable diesel and sustainable aviation fuel. "We are pleased to add 2023 USA produced Camelina Oil to our existing feeds which already include canola oil, corn oil and tallow," said Bruce Fleming, CEO of MRL. "Today's deliveries further demonstrate Montana Renewables' feedstock advantage. While our ARA pre-treater technology provides the ability to run feed from anywhere in the world, Camelina is indigenous to Montana. The low carbon intensity and non-food nature of this oil makes Camelina an exciting addition to our already competitively advantaged MRL platform. And by providing a market in Montana we are creating long term benefits for Montana farm and ranch producers who grow most of the country's Camelina today."
Fleming continued by saying "MRL already supports 1 to 2 million acres of farm and ranch activity in canola, corn and cattle, but the associated seed crushing and meat packing occurs out of State. Our vision is to attract seed crushing and meat packing facilities to Montana to further spread the benefits of lower carbon emissions, lower freight costs, and higher agricultural activity."
>> In Other News: CarbonQuest and Daroga Power Partner to Offer Low-Carbon Fuel Cell Solution
https://www.agmrc.org/commodities-products/grains-oilseeds/camelina
Calumet manufactures, formulates, and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. Calumet is headquartered in Indianapolis, Indiana and operates twelve facilities throughout North America.
Montana Renewables, LLC is an unrestricted subsidiary of Calumet located in Great Falls, MT. Montana Renewables converts 15,000 barrels per stream day ("bpsd"; permit capacity) renewable feedstock into low-emission sustainable alternatives that directly replace fossil fuel products. Commercial operations began in late 2022. MRL is a leader in North America's energy transition and the largest Sustainable Aviation Fuel producer in the western hemisphere. Renewable products are being delivered to Canada and the United States West Coast.
SOURCE Calumet Specialty Products Partners, L.P.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🚢 World’s First Ship With Full Carbon Capture & Storage System Ready For Pilot Testing 💰 DOE Invests Nearly $14 Million To Develop Carbon Conversion Pathways 🔬 DOE Invests $1...
Inside This Issue 🔋 Plug Closes Loan Guarantee from the U.S. Department of Energy 🗺️ USGS Releases First-ever Map of Potential for Geologic Hydrogen in U.S. 🌎 Constellation to Acquire Calpine; Cre...
Inside This Issue 🌍 Plug Seals Monumental Deal with Allied Green Ammonia for a Mega 3 GW Electrolyzer System 💰 DOE Invests $101 Million to Establish Carbon Capture, Removal, and Conversion Test Ce...
The Series B Funding round is co-led by Hy24 and SC Net Zero Ventures who are joined by Breakthrough Energy Ventures, Enagas Emprende, Equinor Ventures, Exergon, Ezten, and MassMutal Ventures. The...
Orennia Completes Series C Funding Led by Decarbonization Partners
CALGARY, Alberta, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Orennia Inc. today announced the closing of its Series C growth financing, led by Decarbonization Partners, a partnership between BlackRock and T...
WASHINGTON, D.C. — The U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management (FECM) today announced $45 million in federal funding for six projects to create regional cons...
The cost of building new renewable energy plants is now cheaper than operating existing fossil fuel plants globally and exciting opportunities exist for global decarbonization involving hydrogen S...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.