Monday, October 02, 2006

24/7 Biodiesel Terminal Unveiled to Northwest Indiana

24/7 Biodiesel Terminal Unveiled to Northwest Indiana
Business Wire (press release) - San Francisco,CA,USA
HAMMOND, Ill.--(BUSINESS WIRE)--With daily posted prices on OPIS (Oil Price Information Service), a Wolf Lake Terminal now offers biodiesel 24 hours a day, 7 ...


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Petroleum Distributors Now Have Access to Biodiesel via Gulf Hydrocarbon's Wolf Lake Terminal near Chicago

HAMMOND, Ill.--(BUSINESS WIRE)--With daily posted prices on OPIS (Oil Price Information Service), a Wolf Lake Terminal now offers biodiesel 24 hours a day, 7 days a week in an easy to use, convenient wholesale distribution pump located just South of Chicago. Gulf Hydrocarbon, Inc. pioneered the wholesale biodiesel facility in Hammond, Indiana mainly for petroleum distributors in the area.

“High volume biodiesel wholesalers and distributors are coming in at all hours of the night, loading up to avoid traffic,” said Jess Hewitt, president of Gulf Hydrocarbon. “Chicago is undergoing a huge construction project that is crippling major freeways, so our automated 24/7 infrastructure will make the difference in making biodiesel profitable for some distributors.”

The facility allows tankers, transport trucks, rail cars to add 100 percent agri-biodiesel fuel (B100) to their diesel fuel mix. The terminal, located at 3200 Sheffield Ave., Hammond, IN, has a capacity of 52 MM gallons total storage, 1.2 MM bbls of total storage. At the Wolf Lake terminal, the drivers preset a meter for the requested volume, connect their hoses, and flip a switch to start pumping the B100.

Hewitt said the terminal began carrying biodiesel in January, but just recently went to 24/7 B100 access. “Through the middle of a freezing winter, we pumped hundreds of thousands of gallons of heated biodiesel fuel in Hammond,” he said. “Our wholesale customers have reported great success using it; they have increased their orders far beyond their own projections.”

The terminal will also improve availability for large fleet customers. Gulf Hydrocarbon’s distribution specialist, Ron Richardson, said the Hammond terminal serves jobbers and distributors in the Chicago area as well as North Central Illinois and Indiana. He said the company is negotiating contracts to supply several local municipalities and transit systems.

The launch of biodiesel at this terminal means retail gas stations will now have easier access to biodiesel blends, opening the door to more public pumps in the area. A map of public pumps can be seen at www.biodiesel.org/buyingbiodiesel.

“Efficient and cost effective distribution is one of the most important elements of any energy industry,” said Joe Jobe, CEO of the National Biodiesel Board (NBB). “Increasing the number of facilities like these is important to getting biodiesel into the fuel tanks of Americans and helping to supplement our nation’s energy supply.”

Gulf Hydrocarbon has also recently launched a second terminal in Houston, TX. Intercontinental Fuels, or IFL, terminal offers biodiesel 24 hours a day, 7 days a week at the wholesale distribution terminal located in North Houston near Bush Intercontinental Airport. The IFL facility allows bobtail trucks and transport trucks to add 100 percent agri-biodiesel fuel (B100) to their diesel fuel mix. The terminal, located at 17617 Aldine-Westfield Rd. has a capacity of 6.7 million gallons of total storage, 420,000 gallons of storage for biodiesel.

NBB estimates that 27 petroleum terminals have invested in equipment to make biodiesel a significant part of their business.

Biodiesel is a renewable diesel fuel that is made from domestic resources such as soybean oil or other domestic fats and vegetable oils. It can be used in any diesel engine with few or no modifications, and can be blended with petroleum diesel at any level. Biodiesel significantly cuts harmful environmental emissions, promotes greater energy independence and boosts our economy. Today, more than 600 major fleets use biodiesel commercially, and 700 retail filling stations make it available to the public.

About Gulf Hydrocarbon, Inc.

Established in 1997, Gulf Hydrocarbon, Inc. is the premier provider of biodiesel to the petroleum industry. Offering competitively-priced biodiesel for large end-users and petroleum companies, Gulf Hydrocarbon also offers marketing strategies to producers that wish to contract for high volume off-take agreements and risk management of biodiesel or biodiesel feedstocks. Specialized services include biodiesel production, blending, plant operation, tolling, plant development and financing. Gulf Hydrocarbon pursues biodiesel project development and financing through its Renewable Fuel Research Associates (RFRA) division. Gulf Hydrocarbon holds an exclusive license to market biodiesel production technology through Petrogas, Inc. (www.petrogas.org). For more information please go to www.GulfHydrocarbon.com

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