Renewable Energy Group, Inc. | May 23, 2022
Renewable Energy Group, Inc. (REG) (NASDAQ: REGI), a global producer and supplier of bio-based diesel, has entered into strategic collaboration agreements with CFN and Pacific Pride, two of North America’s largest cardlock fueling networks, to provide cleaner fuels through their branded cardlock networks. Partnering REG’s portfolio of bio-based diesel with CFN and Pacific Pride’s vast network of cardlocks will allow the companies to play a critical role in furthering the utilization of cleaner fuels by fleets across North America.REG’s bio-based diesel is easy to adopt and immediately begins reducing fossil carbon emissions. Under the new arrangement, REG’s UltraClean BlenD™, a proprietary blend of biodiesel and renewable diesel, and other fuels from REG’s EnDura Fuels™ product line, will be available to customers via CFN and Pacific Pride’s vast cardlock network. CFN and Pacific Pride operate cardlocks in a number of regions across the U.S. and Canada.
“We continue to provide our Marketers with the tools and products they need to adapt to a changing marketplace, Our alliance with Renewable Energy Group will position our networks for the future by ensuring we have the products available to meet the needs of the growing biofuels market.”
-CFN and Pacific Pride President, Eric Lind
For REG, this opens up new customer opportunities through a larger geographic footprint, and allows the business to provide bio-based diesel directly to end users. The businesses are committed to continuing to provide customers with the quality and service they expect, with an expanded offering of cleaner fuel options.
This collaboration exemplifies what we want to do at REG: work with industry leading companies and help guide customers during the energy transition by enabling them with access to clean fuel alternatives, said Bob Kenyon, Senior Vice President, Sales and Marketing at REG. “Our cleaner fuels and customer service are helping to reduce greenhouse gas emissions today and offer a plug-and-play solution for most fleets across North America.
The organizations hope to begin expanding availability of bio-based diesel later this year, initially focused on cardlocks on the West Coast. Renewable Energy Group’s technical services team will support the implementation, ensuring customers are receiving the best products for their region and season.
About Renewable Energy Group
Renewable Energy Group is leading the energy and transportation industries’ transition to sustainability by converting renewable resources into high-quality, sustainable fuels. Renewable Energy Group is an international producer of sustainable fuels that significantly lower greenhouse gas emissions to immediately reduce carbon impact. Renewable Energy Group utilizes a global integrated procurement, distribution and logistics network to operate 11 biorefineries in the U.S. and Europe. In 2021, Renewable Energy Group produced 480 million gallons delivering 4.1 million metric tons of carbon reduction. Renewable Energy Group is meeting the growing global demand for lower-carbon fuels and leading the way to a more sustainable future.
About CFN and Pacific Pride
CFN and Pacific Pride provide fuel card authorization, transaction processing, cardlock site branding, and reciprocal site access for independent petroleum marketers. Marketers join the CFN and Pacific Pride networks to provide their fleet customers access to cardlock network locations, and realize the economic benefit from customers of other members fueling at their locations. Through a CFN or Pacific Pride affiliation, petroleum marketers can offer commercial fleets an integrated fueling solution with access to over 57,000 locations via the Fuelman® network, a FLEETCOR® company. Based in Seattle, Washington, CFN and Pacific Pride are the largest private-branded cardlock networks in North America. CFN and Pacific Pride are part of the FLEETCOR® (NYSE: FLT) portfolio of brands.
Clean Energy Systems, Inc. | July 15, 2022
Clean Energy Systems, Inc. (CES) announced that it entered into an agreement to acquire the idled Madera Biomass Power Plant (located in Madera County, California). CES intends to convert the existing facility into a Biomass Carbon Removal and Storage (BiCRS) Facility.
"We are excited for the opportunity to expand our efforts to address the challenges of climate change, improve air quality in the Central Valley and make a vital contribution to the local economy by converting an idled biomass plant into a BiCRS facility, We look forward to engaging and working with all neighboring landowners and other stakeholders as we progress this critical project in the coming months."
-Keith Pronske, CES' President and CEO
The facility, once converted into a BiCRS facility, will convert agricultural waste biomass from local farms, into a renewable synthesis gas that will be mixed with oxygen in a combustor to generate electricity and/or hydrogen. More than 99% of the carbon from the process is expected to be captured for permanent storage by safely injecting carbon dioxide (CO2) underground into nearby deep geologic formations. By using biomass fuel that consumes CO2 over its lifetime to produce energy and then safely and permanently storing the produced CO2, the process is designed to result in net-negative carbon emissions, effectively removing greenhouse gas from the atmosphere.
The new BiCRS facility, when completed, is expected to remove about 600,000 tons of CO2 annually, which is equivalent to the emissions from electricity use of more than 130,000 U.S. homes. It also will help improve air quality in the San Joaquin Valley by using approximately 400,000 tons of agricultural waste annually (which otherwise would have been burned), in line with the California Air Resources Control Board plan to begin phasing out agricultural burning in the San Joaquin Valley by 2025.
Working with its partners, CES plans to evaluate the Madera Biomass Power Plant for conversion to a BiCRS facility using CES' proprietary oxy-fuel technology that contributes to cost-effective carbon capture. BiCRS is identified as a low-cost form of engineered carbon removal, resulting in net energy production without routine emissions of nitrous oxide, carbon monoxide and particulates from combustion produced by conventional biomass plants.
The agriculture industry requires clean and effective disposal options as an alternative to open field burning," said Roger Isom, President/CEO of the California Cotton Ginners and Growers Association and Western Agricultural Processors Association. Repurposing conventional biomass power plants into carbon removal projects is one of the solutions that also addresses air quality in the Central Valley.
The work builds upon the efforts of similar projects in Fresno and Kern Counties, which are under active development. The acquisition is subject to continued due diligence, with closing expected in early 2023.
About Clean Energy Systems
Clean Energy Systems is a California-based technology company and a global leader in the development and deployment of carbon reducing energy systems. The company has successfully transitioned proven, reliable rocket engine combustion principles into a flexible and economically attractive power generation system for the benefit of our planet. CES' proprietary oxy-combustion technologies enable cleaner and more efficient co-generation of power, steam, water, and captured CO2 and offers the world a new perspective on the way we assess the value of natural resources.
STRATEGY AND BEST PRACTICES
Pedego Atlanta | May 20, 2022
Pedego Atlanta, is independently owned and operated by Kathy Woirol and offers a full range of e-bike sales, rentals, services, and accessories. Pedego Electric Bikes is an award-winning electric bike company with sixteen unique models and over 200 brick and mortar stores.
Kathy Woirol was ready for a change and wanted to invest in something that would help her and the Atlanta community live a healthy lifestyle. Woirol found the perfect opportunity within Pedego to become a business owner, an entrepreneur and establish space in Atlanta, all in one. Since opening her store in 2021, she began to integrate herself and her Pedego store into the community.
Pedego has found great success in their non-franchise retail model over the past 13 years, and continues to hit the throttle on opening physical stores. By offering entrepreneurs the opportunity to become independent store owners, Pedego separates its success from the rest and is set to open over one store a week across North America throughout 2022.
Woirol has served her community by working with the organization Bearings Bike Works, a nonprofit that operates by focusing on four unique development skills programs, which teaches children ages 6-18 how to build and repair bicycles. Kids meet weekly and develop hard skills, soft skills, and character strengths that can impact and make a difference. These children have an opportunity to earn bikes through the program as well.
Since learning about the mission of Bearings Bike Works, Woirol has sought to contribute to their efforts. Specifically, Woirol has helped Bearings Bike Works by donating a Pedego bike to be raffled off at their annual fundraiser. Woirol anticipates increasing her work with Bearings Bike Works and beyond - finding as many outlets as possible to fully integrate herself into the Atlanta community.
"When I moved to Atlanta, I was ready to put down roots, and for me, a big part of that was to find opportunities to engage in the community, While getting up to speed on the biking market in Atlanta, I came across Bearings Bike Works and it seemed like a perfect fit! I love that they focus on kids, provide a safe place to hang out after school and best of all, empower kids to learn, build and earn a bike of their own. We've partnered on several events now, and I look forward to a continued relationship with Bearings. I hope one day to hire a Bearings "graduate" to work at Pedego Atlanta!"
-Kathy Woirol, owner of Pedego Atlanta.
Pedego Electric Bikes, Headquartered in Orange County, California, has built a brand on a complete line of class-leading electric bikes, from cruisers to fat tire trail bikes, an industry leading 5-year warranty and a network of locally-owned dealers available for customization and regular on-site servicing.
Pedego Atlanta is close to many trails and is located on the Atlanta BeltLine, which is a 22-mile rails to trail system around the core of the city. The city also offers many paths and safe city biking lanes.
About Pedego Atlanta
Pedego Atlanta is located at 414 Bill Kennedy Way SE Suite 101, Atlanta, GA 30316, and offers e-bikes for rental and purchase, as well as bike mechanic service and professional assembly to suit all Pedego e-biking needs.
About Pedego® Electric Bikes
Founded in 2008, Pedego® is the leading brand of electric bikes in North America. Pedego is famous for premium quality, five-star local service, and an industry leading five year warranty. A complete line of 19 electric bike models are available at over 200 locally-owned Pedego stores that offer sales, rentals, tours, accessories, and service.
Koch Separation Solutions | June 27, 2022
Koch Separation Solutions (KSS) announced the acquisition of LIONEX technology from Chemionex Inc. The acquisition serves as the foundation for the launch of their Li-PRO™ process featuring a proprietary global solution for Direct Lithium Extraction (DLE).
"The launch of the Li-PRO process, coupled with the broader EPC capabilities of our parent, Koch Engineered Solutions, will deliver complete end-to-end solutions for DLE customers, The innovative and patent-pending aspects of the Li-PRO solution will be synergistic with KSS' world-class capabilities in ion exchange and sorptive technologies, membrane filtration, and thermal separations. This combination will deliver superior lithium recovery and purity, chemical consumption, water efficiency, and simplified system configurations, optimizing CAPEX and OPEX to lithium producers"
- Manny Singh, President of KSS.
The Li-PRO™ process is an optimized DLE process configuration combining specialized lithium selective extraction media and leading KSS equipment including robust PURON® membrane-based pretreatment, Recoflo® packed bed lithium extraction, Recoflo softening, and high-recovery reverse osmosis (RO) concentration operations to generate a purified lithium chloride solution. The solution is geared towards customers seeking an optimized solution to developing lithium battery materials to keep up with the growing demand for lithium batteries, primarily in electric vehicles.
KSS will offer the Li-PRO process as a complete offering or as standalone separation processes, depending on customers' unique needs. Their team will initially engage developers in a piloting phase to refine the process design of each step, and work collaboratively to implement small to large-scale operations at optimized performance specifications.
About Koch Separation Solutions
Koch Separation Solutions (KSS) is transforming the landscape of separations by leveraging synergistic technology such as membrane filtration, ion exchange, evaporation, and drying. With over half a century worth of experience, KSS offers solutions for the most demanding applications across food and beverage, life science, and general industrial markets. KSS aims to create more value to their customers around the world by offering complete solutions to recover high-value product, eliminate waste, reduce footprint, increase productivity, and lower costs.