ESG Investing


  • Renewable Diesel ("RD") is produced/refined using natural fats, vegetable oils (such as Palm and Soybean) and animal fats as the processing feedstock versus petroleum diesel or Biodiesel.
  • Biodiesel is vastly different in its processing methods due to its oxygenation process versus a hydrogenation process used for RD.
  • The oxygenation process used to make Biodiesel causes the fuel to be more unstable, freeze in cold weather, separate while in storage, and has a higher emission level than RD.
  • RD, once hydrogenated, contains very similar chemical characteristics as petroleum diesel and, therefore, can be blended with petroleum diesel to produce a stable, cleaner burning diesel.
  • RD can be easily pipeline shipped and stored by like other transportation fuels, whereas Biodiesel cannot.


  • The growing global emphasis on lower emissions is creating a rapidly growing market and demand for Renewable Diesel.
  • Significant investment capital has been earmarked for ESG investing initiatives which is ideally suited for Renewal Diesel projects.
  • Global demand is anticipated to exceed 6.8 billion gallons annually by 2025 and could continue to grow as jet fuel demand grows also.
  • More states are implementing "Lower Carbon Standards" that could further accelerate the growth curve in RD demand.
  • There are significant financial incentives to producers of RD currently from both Federal and State Government programs such as;
    • Renewable Fuel Standard ("RFS"),
    • the Low Carbon Fuel Standard ("LCFS")
    • Blender's Tax Credit ("BTC").
  • These incentives are generating significant market interest from a number of current refiners and greenfield developers.


  • EOR and its engineers are very experienced in the refining process and with the technology required to produce Renewable Diesel and other refined petroleum products.
  • The Company is focused on a number of opportunities in the US for the development and operation of greenfield and/or co-processing facilities to produce RD.
  • The co-processing facilities can be constructed either inside (“ISBL”) or just outside (“OSBL”) of an existing petroleum refinery.
  • Market opportunities also exist to convert an existing or shuddered petroleum refinery into a facility that would produce 100% Renewable Diesel.