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ReNew - Renewable Diesel
Renewable diesel is one of the most advanced diesel fuels on the market today outperforming both conventional biodiesel and fossil diesel. Renewable diesel has the same chemical composition as traditional diesel, enabling use alone or blended in all modern diesel engines without any modification. As a blend, it not only improves the technical qualities of diesel but also helps reduce emissions thus improving air quality and potential mitigating climate change.
Cellana has recently announced that it has entered into a multi-year off-take agreement with Neste Oil, the world’s leading supplier of renewable diesel, for commercial-scale quantities of Cellana’s ReNew™ Fuel algae oil feedstocks for biofuel applications. Learn more.
The need for an alternative to fossil fuels has never been more apparent than today, and algae may provide and important part of the solution.
Demand for biofuels has risen dramatically over the past decade due to the converging forces of crude oil cost, ongoing environmental and sustainability issues, and national energy security. The transportation fuel requirements in the U.S. alone are equivalent to greater than 150 billion gallons of biofuel per year. And long-term demand will continue to outstrip production capacity.
Microalgae Provide a Cost-effective and More Sustainable Supply of Oil Algae Offer Many Advantages Over Traditional Oilseed Crops Such as Corn, Soybeans or Rapeseed
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Higher Biomass
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Greater oil content
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More biodiesel producing capability
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Higher energy content
