17.4.07

Give Me a Bucket of Extra Crunchy - Diesel?

Tyson Foods, Inc. and ConocoPhillips have announced an alliance to produce and market renewable diesel fuel from animal fat. Using beef, pork and poultry by-product fat, the two corporations will cooperate in manufacturing a diesel fuel mixture that meets all federal standards for ultra-low-sulfur diesel, with an expected future production of 175 million gallons per year.

“We are firmly committed to leveraging our leadership position in the food industry to identify and commercialize renewable energy opportunities,” said Richard L. Bond, Tyson president and chief executive officer. “This strategic alliance is a big win for the entire agricultural sector because it paves the way for greater participation of fats and oils in renewable fuels.”

“ConocoPhillips believes the key to a secure energy future is the development and efficient use of diverse energy sources,” said Jim Mulva, ConocoPhillips chairman and chief executive officer. “This alliance will provide a new and significant contribution to our nation’s domestic renewable fuel supply. It also offers an excellent opportunity to use our company’s manufacturing expertise and advanced technology to help increase the supply of renewable fuels and to reduce greenhouse gas emissions.”

See the Source:
Conoco Phillips-Tyson Alliance

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