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2021-05-24 GCE EM TPA Announcement (filesusr.com)
ExxonMobil and Global Clean Energy expanded their five-year agreement to increase Exxon’s purchase of renewable diesel up to 5 million barrels a year.
Exxon will be the exclusive buyer of renewable diesel from Global Clean Energy’s biorefinery in Bakersfield, Calif., which is scheduled to begin production in early 2022.
The renewable diesel uses Global Clean Energy’s camelina crop, which the company said can significantly reduce life-cycle greenhouse gas emissions.