Renewable Energy Group and Broco Oil announce partnership
In the United States (US), the country's largest biodiesel producer Renewable Energy Group, Inc., (REG) and Massachusetts (MA) based oil distributor Broco Oil Inc., have announced a partnership to provide cleaner fuel options to heating oil dealers in the Northeast. The companies are working together to provide a state-of-the-art blending facility in Haverhill, MA.
According to a statement, the partnership between REG and Broco is an agreement to provide “Bioheat” oil, a licensed National Biodiesel Board (NBB) trademark, from the Haverhill, MA location. Terminal upgrades will include rail improvements as well as infrastructure to allow for blending opportunities at the loading rack.
We are thrilled to be partnering with a biofuels producer like REG to continue to grow our business. We believe in the environmental and economic value that blending biodiesel brings to our business and our customers and we are passionate about providing a clean and sustainable fuel option, said Robert Brown, owner of Broco Oil.
The product at this location will be distilled biodiesel shipped from one of REG’s production facilities. REG Marketing & Logistics Group, LLC is a qualified supplier and wholesaler as part of Massachusetts’ Alternative Energy Portfolio Standard (APS).
The partnership between REG and Broco is a great opportunity for both businesses to deliver a high-quality, cleaner fuel solution to the Commonwealth of Massachusetts. This partnership is aligned with our business goal of delivering blended fuel options to our valued customers, said Barry Knox, Director of Blended Fuels for REG.