REG, Broco Oil to Create Biodiesel Blending Hub for Northeast
Renewable Energy Group and Broco Oil Co. announced a partnership to provide cleaner fuel options to heating oil dealers in the Northeast. The companies are working together to provide a state-of-the-art blending facility in Haverhill, Massachusetts.
“Angela and I are thrilled to be partnering with a biofuels producer like REG to continue to grow our business,” said Robert Brown, owner of Broco Oil Co. “We believe in the environmental and economic value that blending biodiesel brings to our business and our customers and we are passionate about providing a clean and sustainable fuel option.”
The partnership between REG and Broco is an agreement to provide Bioheat from the Haverhill location, the companies said in a May 6 announcement. Terminal upgrades will include rail improvements as well as infrastructure to allow for blending opportunities at the loading rack. The product at this location will be distilled biodiesel shipped from one of REG’s production facilities. REG Marketing & Logistics Group, LLC is a qualified supplier and wholesaler as part of the Massachusetts’ Alternative Energy Portfolio Standard (APS).
“The partnership between REG and Broco is a great opportunity for both businesses to deliver a high-quality, cleaner fuel solution to the Commonwealth of Massachusetts,” said Barry Knox, director of blended fuels for REG. “This partnership is aligned with our business goal of delivering blended fuel options to our valued customers.”
If interested in purchasing blended fuel or learning more about distilled biodiesel, contact REG representatives Jeff Murdy, 603-498-8762, jeff.murdy@regi.com, or Marc MacLean, 603-812-1248, marc.maclean@regi.com.
REG, based in Ames, Iowa, utilizes an integrated procurement, distribution and logistics network to operate 14 biorefineries in the U.S. and Europe. In 2018, REG said, it produced 502 million gallons of fuel delivering over 4 million metric tons of carbon reduction.
Broco Oil, Inc. is a distributor of petroleum products, lubricants, and propane for commercial, industrial, marine, and residential applications. Established in 2007 by Robert, a U.S. Navy Seabee veteran, and Angela Brown, Broco has a customer base of 15,000 commercial and residential accounts in Greater Boston, with specialty emergency and disaster relief services throughout New England and along the East Coast. Broco’s headquarters in Haverhill offers two rail-served terminals capable of trans-loading petroleum, steel, and various other bulk liquids and dry goods. Broco Oil is a recipient of the 2019 SBA Veteran Owner Business of the Year.