Australian Renewable Fuels Ltd. announced June 21 that it has recommenced exports of biodiesel. The first shipment of 5.7 million liters (approximately 1.5 million gallons) of biodiesel is now en route to the U.S., to be followed by another shipment of 5 million liters (1.32 million gallons) in August.
Customers for the order are Valero Energy Corp. and Gavilon Inc., two of the world’s leading energy companies. Gavilon is a Nebraska-based international grains, food and fuel storage and distribution company whose energy division stores and transports a range of fuels including crude oil and refined products, gas and renewable fuels.
Australian Renewable Fuels CEO Andrew White notes the drop in value of the Australian dollar, adding that additional export opportunities are being explored.