Colonial Oil Industries Embarks on Renewable Diesel Partnership
- 06-Feb-2024 12:53 PM
- Journalist: Gabreilla Figueroa
Colonial Oil Industries has recently unveiled a strategic partnership with Neste, TICO, and Gateway Terminals, aimed at expanding the availability of renewable diesel. This collaboration is poised to make a significant impact on the renewable energy landscape in the State of Georgia and across the Southeastern United States. The renewable diesel supply for this initiative will be facilitated by Neste, a leading provider in the renewable fuels sector.
Bob Kenyon, President of Colonial Oil Industries, expressed the company's commitment to meeting the sustainable energy needs of their customers, both in land and marine operations. With a legacy of over a century as a reliable supplier of quality fuels and logistics solutions, Colonial Oil sees this partnership as a pivotal step in aligning with the evolving demands of the market.
The partnership encompasses a broader initiative that involves multiple stakeholders, including TICO and Gateway Terminals. TICO, in collaboration with Colonial, the Georgia Ports Authority (GPA), and Gateway Terminals, aims to spearhead the transition to renewable diesel. The initial deployment of renewable diesel in TICO's operations supporting the Port of Savannah is slated for the first quarter, marking a tangible step towards sustainable practices in a key transportation hub.
Duncan Pindar, Executive Vice President of TICO, emphasized their commitment to advancing sustainability in terminal equipment through the adoption of advanced and economically viable technologies. TICO Terminal Services and TICO Manufacturing are actively working towards integrating sustainability solutions that are not only immediate but also practical.
The collaborative effort between Colonial Oil Industries, Neste, TICO, and Gateway Terminals is poised to make a meaningful impact on the renewable energy landscape. By leveraging Neste's expertise in renewable fuel supply, Colonial Oil aims to play a key role in facilitating the transition towards more sustainable energy solutions. The commitment of TICO and Gateway Terminals to adopt renewable diesel in their operations further solidifies the initiative's potential to drive positive change in the maritime and transportation sectors.
As the demand for renewable energy sources continues to grow, partnerships like these showcase the industry's proactive approach in meeting environmental goals and reducing carbon footprints. Colonial Oil Industries' strategic collaboration reflects a broader trend within the energy sector, where companies are increasingly seeking innovative solutions to contribute to a more sustainable future.
Colonial Oil Industries' partnership with Neste, TICO, and Gateway Terminals represents a significant milestone in the renewable energy landscape of the Southeastern United States. The commitment to providing renewable diesel aligns with the industry's shift towards more sustainable practices, responding to the global call for reduced carbon emissions. This collaboration not only marks a strategic move by Colonial Oil but also sets the stage for a broader transformation in the maritime and transportation sectors, emphasizing the importance of immediate and reasonable sustainability solutions.