- JV: Archer-Daniels-Midland, Marathon Petroleum Corporation (the refiner)
- product: soybean oil --> renewable diesel fuel
- ADM: 75%
- MPC: 25%
- to be completed in 2023
- product to be supplied to MPC
- 600 million lbs of refined soybean oil per year--> 75 million gallons of diesel per year
- diesel: one gallon = 137,381 Btu
- North Dakota consumption: 100 trillion Btu distillate fuel oil
- 100,000,000,000,000 / 137,381 = 730 million gallons per year
- Spiritwood: about 10% of ND's annual distillate fuel consumption (?)
- disclaimer: I often make simple arithmetic errors.
Friday, December 17, 2021
Soybean Oil Manufacturing Plant -- Spiritwood, ND -- MPC, ADM -- Close On Deal -- December 17, 2021
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.