New York- based Innovation Fuels has begun selling biodiesel to customers through a Port of Milwaukee terminal located on Lake Michigan. The 312,000-barrel capacity terminal is the first in the country dedicated to the sale and distribution of renewable fuels, Innovation said.
"The commencement of selling biodiesel via our Milwaukee terminal will significantly lower the cost of our biodiesel to customers in the Great Lakes due to lower transportation charges," said John Fox, CEO.
The terminal includes a 20,000-sq-ft warehouse, executive offices and existing truck and rail loading infrastructure. The port can receive international shipping via the St. Lawrence Seaway and river barge cargo via the Mississippi River. In addition, the terminal, an old Shell Oil headquarters site, includes a Westshore petroleum pipeline capable of bringing diesel and gasoline into the facility for blending with renewable fuels.
"This signifies only the beginning of using this facility as an actual renewable fuels hub in the Midwest," remarked Richard "Hardy" Sawall, Innovation Fuels SVP for Midwest Operations. "We expect to announce plans for additional capabilities including biodiesel blending very shortly."
