The renewable and synthetic fuels technology company announced on Aug.
17 that Dynamic Fuels LLC, Syntroleum Corp.'s joint venture
with Tyson Foods, has been granted Part 79 registration for its
renewable gasoline blendstock 10 by the US Environmental
Protection Agency (EPA).
This designation enables Dynamic Fuels to generate 1.5
advanced biofuel Renewable Identification Numbers (RINs) for
each gallon of the renewable gasoline blendstock when blended
directly into petroleum gasoline at up to a 10%
At its design production rate of 75 million (MM) gallons per
year, Dynamic Fuels' plant in Geismar, Louisiana should produce
approximately 11.25 MM advanced biofuel RINs per year.
These RINs have traded for as much as $0.83/RIN during 2012 and
are approximately $0.46/RIN at present.
The announcement marks the third time Dynamic Fuels has
successfully applied for and received EPA Part 79 Registration
for drop-in renewable fuels.
The JV received Part 79 registration for renewable diesel
blendstock for up to a 20% blend with petroleum diesel in 2009.
In 2011, it received Part 79 registration for renewable diesel
for use at up to a 100% concentration.