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Conventional Oil Refineries to Renewable Fuel Production Facilities Market – Renewable Capacity Additions Gain Momentum

More than 4,433 million gallons/annum of renewable fuel is expected to be produced across the globe from oil refineries that have either already started producing renewable fuel or those that are being converted/expected to be converted to renewable production facilities. The US is expected to lead the total renewable fuel production capacity. Sweden, Canada, Indonesia, France, Netherlands, and Spain follow the US. Refineries that have been/would be fully converted to renewable production facilities as well as refineries that will co-process renewable fuel have both been factored in to estimate the global renewable fuel production.

What are the market dynamics in the conventional oil refineries to renewable fuel production facilities market?

Biofuels have gained importance as they are environmentally friendly, and relatively a cost-effective option compared to fossil fuels. Renewable fuels/drop-in fuels are a class of biofuels, which are highly similar in properties to petroleum fuels and can be used directly without blending with conventional fossil fuels. Given the increasing importance of renewable fuels, several active/decommissioned crude oil refineries are either partially or completely being converted into renewable fuel facilities.

Conventional biofuels/ 1st generation biofuels are mainly derived from edible sources such as corn, sorghum, sugarcane, wheat, etc. 2nd generation biofuels are mainly derived from non-edible sources such as agricultural waste, animal fats, used cooking oils, etc. Carbon emissions are comparatively less when compared to 1st generation fuels. 3rd generation biofuels or algal fuels are produced from algae They are considered carbon neutral. 4th generation biofuel is produced from genetically modified nonedible crops or algae. They are considered carbon negative, as emissions are captured and stored. Advanced biofuel includes 2nd, 3rd, and 4th generation biofuels.

Renewable fuel production of key countriesRenewable fuel production of key countries

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According to the renewable energy directive II (RED II), issued by the European Commission in 2018, fuel suppliers are to supply a minimum of 14% of renewable energy to rail and road transport by 2030. The US Environmental Protection Agency (EPA) has proposed the Renewable Fuel Standard (RFS) to support refiners and blenders of renewable diesel and biodiesel. The final rule of RFS (February 2020) required the US refiners to blend over 20 billion gallons of total renewable fuel with gasoline or diesel fuel by 2020. According to a 2018 2019 update by International Energy Agency, Japan introduced 10 million liters (crude oil equivalent) of second-generation biofuels.

Despite starting renewable production nearly, a decade ago, several crude oil refineries still lack proper focus on their renewable fuels production. This scenario might change in the near future as several companies have initiated the conversion of their decommissioned refineries to produce renewable fuels. Few refiners are building new plants in their existing refineries or expanding the existing ones to co-process renewable fuels.

What are the key refineries producing or planning to produce renewable fuel?

Musi, Chalmette, Strathcona, Gothenburg III, Martinez I, Lysekil, Pernis, Come by Chance, Dickinson, Saraland, Provence, Coffeyville, Cartagena/Bilbao’/TarragonaI/La Coruna, Santa Cruz I, Artesia, San Francisco, and Wynnewood are the key refineries producing or planning to produce renewable fuel.

Key refineries producing or planning to produce renewable fuel

Key refineries producing or planning to produce renewable fuel

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Who are the major companies with renewable fuel production plans?

Marathon, Pertamina, ExxonMobil, Shell, YPFB (Yacimientos Petrolferos Fiscales Bolivianos), Calumet Montana Refining St1 Oy, Tidewater Renewables Ltd., Phillips 66, Provence facility (La Mede refinery) operated by TotalSEhas, HollyFrontier, and The Gothenburg III facility, operated by Preem AB are the major companies with renewable fuel production plans.

Marathon has converted the decommissioned Dickinson refinery in the US into a renewable diesel facility in 2020. The facility has a production capacity of ~184 million gallons/year of renewable diesel. Pertamina plans to use Honeywell UOP technologies in the Plaju (Musi) and Cilacap refineries to produce advanced biofuels. ExxonMobil is planning to process vegetable oil to renewable diesel at the Strathcona refinery. Shell plans construct an 820,000 tonne per year biofuels facility at the Pernis refinery, in the Netherlands. The facility will be producing sustainable aviation fuel (SAF) and renewable diesel.

Market report scope

Year 2021
Companies mentioned Marathon; Pertamina; ExxonMobil; Shell; YPFB (Yacimientos Petrolferos Fiscales Bolivianos); Calumet Montana Refining; St1 Oy; Tidewater Renewables Ltd.; Phillips 66; Provence facility (La Mede refinery) operated by TotalSEhas; HollyFrontier; The Gothenburg III facility, operated by Preem AB

This report provides an overview of renewable fuels – introduction and generations of biofuels, introduction, and benefits of renewable fuels

  • Renewable fuel production from oil refineries of key countries to 2025
  • Key details of major refineries that are planning to produce or producing renewable fuels
  • Renewable fuel production plans of major companies
  • Renewable fuel regulations in major markets and outlook

Reasons to Buy

  • Understand the significance of renewable fuels and the difference between renewable fuels and biofuels.
  • Facilitate decision making based on regulations governing renewable fuels in key markets
  • Keep abreast of key global fully converted or co-processing refinery projects and their respective production capacities of renewable fuels.
  • Assess your competitor’s plans with regards to renewable fuels production.

Table of Contents

Overview of Renewable Fuels

Overview of Biofuels

Generations of Biofuels

Renewable Fuels Overview

Renewable Fuel (Renewable Diesel) vs Advanced Biofuel (Biodiesel) – Production Viewpoint

Benefits of renewable fuel

Production Outlook

Renewable fuel production capacity of key countries

Renewable fuel production capacity of key oil refineries

Renewable Fuel Plans of Major Companies

Renewable fuel production plans of major companies

Regulations and Outlook

Renewable fuel regulations in major markets

Renewable Fuel – Outlook

Appendix

Frequently Asked Questions

Musi, Chalmette, Strathcona, Gothenburg III, Martinez I, Lysekil, Pernis, Come by Chance, Dickinson, Saraland, Provence, Coffeyville, Cartagena/Bilbao’/TarragonaI/La Coruna, Santa Cruz I, Artesia, San Francisco, and Wynnewood are the key refineries producing or planning to produce renewable fuel.

Marathon, Pertamina, ExxonMobil, Shell, YPFB (Yacimientos Petrolferos Fiscales Bolivianos), Calumet Montana Refining St1 Oy, Tidewater Renewables Ltd., Phillips 66, Provence facility (La Mede refinery) operated by TotalSEhas, HollyFrontier, and The Gothenburg III facility, operated by Preem AB are the major companies with renewable fuel production plans.

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