Colonial Oil Industries Inc., a leading independent fuel supplier in the United States, announced a new partnership aimed at increasing access to renewable diesel in Georgia and throughout the Southeast region. The collaboration includes renowned fuel producer Neste, well-established equipment supplier Terminal Investment Corporation, and esteemed port operator Gateway Terminals LLC Savannah.
With over a century of experience in delivering top-notch fuels and logistics solutions, Colonial Oil is proud to extend its offerings to meet the growing demand for sustainable energy among both land and marine customers. The company aspires to become the go-to energy partner in the markets it serves, and their strategic alliance with Neste serves to expedite this mission.
By forging this partnership, Colonial Oil aims to ensure a consistent and reliable source of renewable diesel for consumers, thereby contributing to the reduction of greenhouse gas emissions. It’s worth noting that this environmentally-friendly alternative to traditional petroleum diesel can potentially slash emissions by up to 75%.
As of now, Colonial Oil has not provided any detailed information regarding the production location and quantity of the renewable diesel, the terminals that will offer it, or the expected demand and timeline for distribution. OPIS reached out to the company for further clarification but did not receive any response.
Reporting by Donna Harris