{"id":69018,"date":"2015-10-20T07:57:53","date_gmt":"2015-10-20T12:57:53","guid":{"rendered":"https:\/\/thevwindependent.com\/news\/?p=69018"},"modified":"2015-10-20T07:57:53","modified_gmt":"2015-10-20T12:57:53","slug":"sg-preston-to-build-biofuels-plant-in-vw","status":"publish","type":"post","link":"https:\/\/thevwindependent.com\/news\/2015\/10\/20\/sg-preston-to-build-biofuels-plant-in-vw\/","title":{"rendered":"SG Preston to build biofuels plant in VW"},"content":{"rendered":"

Van Wert independent\/submitted information<\/i><\/p>\n

PHILDADELPHIA, Pennsylvania — Two companies will be working together to construct a biofuels plant in Van Wert and four other communities in Ohio, Indiana, Michigan and Canada, it was announced on Monday.<\/p>\n

SG Preston, a Philadelphia\u2010based bioenergy company, and IHI E&C, a Houston\u2010based engineering, procurement and construction (EPC) subsidiary of IHI Corporation, announced late Monday a ground\u2010breaking agreement for a multi\u2010facility program that will include development and construction of a series of commercial volume, advanced biofuels manufacturing plants, initially in the U.S. Midwest and Canada.<\/p>\n

The plants will use proven, commercial scale technologies for the production of renewable diesel and jet fuel targeting U.S. and global industries seeking a volume\u2010based, competitively priced solution to their\u00a0environmental sustainability mandates.<\/p>\n

\"SG<\/a>\u201cIHI E&C is a perfect fit for our U.S. and global strategic vision,\u201d said R. Delbert LeTang, SG Preston president and chief executive officer. \u201cThe need to drive thought leadership and momentum toward tangible solutions in the U.S. alternative energy market has become a strategic imperative that we intend to lead in alliance with global blue chip partners in engineering and construction, technology and manufacturing.\u201d<\/p>\n

IHI E&C will serve as turnkey EPC to SG Preston\u2019s biofuels initiative, delivering \u201clump sum,\u201d fixed price engineering and construction, a first in the renewable diesel and jet fuels landscape at commercial scale.<\/p>\n

\u201cWe have maintained our commitment to focused execution of our volume\u2010based advanced biofuels plan,\u201d LeTang said. \u201cWe are extremely pleased to launch this industry\u2010changing initiative in coordination with IHI E&C as a part of our integrated system of global, blue chip partners to rapidly take strategy and concept into design, engineering and execution at commercial scale.\u201d<\/p>\n

This first\u2010of\u2010a\u2010kind approach to the renewable fuels market positions SG Preston at the forefront of providing solutions to the renewable energy challenge, which, to\u2010date, have eluded global\u00a0industry.<\/p>\n

\u201cIHI E&C is tremendously excited to apply our program management expertise to this ground\u2010breaking set of renewable fuels projects,\u201d said IHI E&C President Glyn Rodgers. \u201cWe\u2019re pleased to support SG Preston in pursuit of their far\u2010reaching vision, extending engineering, procurement and construction services from our Houston base of operations.\u201d<\/p>\n

SG Preston will deploy its biofuels strategy initially at five plants (South Point and Van Wert in Ohio; Logansport, Indiana; and two additional, to\u2010be\u2010announced sites, one in Michigan, and one in Ontario, Canada), each with an initial capacity to produce 120 million gallons of renewable diesel and jet fuel annually.<\/p>\n

Each facility will have a positive economic impact on the local community, in both the near term during construction of the facilities and longer term throughout their operation.<\/p>\n

Social and market forces, including tighter regulation of carbon\u2010emitting industries, worldwide demand for growth in clean fuels, and a growing need to reduce CO2<\/sup> emissions and reduce the amount of waste produced, have combined to drive the SG Preston initiative.<\/p>\n

SG Preston\u2019s business model integrates bioenergy development and a market service strategy into existing delivery systems for energy supply and development across the entire value chain.<\/p>\n

\u201cWe are combining existing technology and infrastructure in new ways, and on a larger scale than ever before to help global industry meet its demand for more environmentally friendly energy and fuels,\u201d said Dwayne Brown, SG Preston senior vice president of strategic initiatives.<\/p>\n

IHI E&C will steward and guide SG Preston\u2019s multi\u2010facility program to create and standardize replication benefits in engineering and design targeted at delivering volume quantities of advanced renewable diesel and jet fuel to global market customers in an abbreviated timeframe.<\/p>\n

This highly efficient development strategy will include abbreviated estimate development and synergies in procurement, construction, commissioning, and plant start\u2010up.<\/p>\n

In addition to applying its thought leadership to fuels in the public and private transportation, manufacturing and utilities industries, commercial and military aviation is among SG Preston\u2019s target markets.<\/p>\n

The aviation industry’s focus on renewable fuels is driven by increasingly stringent environmental mandates, and the need to deliver more environmentally friendly fuels, all while facing blending challenges, commodity pricing volatility to their primary fuels, risks to transportation infrastructure, logistics, and physical capacity constraints.<\/p>\n

SG Preston will provide immediate partnering solutions to the global aviation industry, with targeted, competitive value\u2010added market offerings.<\/p>\n","protected":false},"excerpt":{"rendered":"

Van Wert independent\/submitted information PHILDADELPHIA, Pennsylvania — Two companies will be working together to construct a biofuels plant in Van Wert and four other communities in Ohio, Indiana, Michigan and Canada, it was announced on Monday. SG Preston, a Philadelphia\u2010based bioenergy company, and IHI E&C, a Houston\u2010based engineering, procurement and construction (EPC) subsidiary of IHI […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,3],"tags":[],"class_list":["post-69018","post","type-post","status-publish","format-standard","hentry","category-business","category-news"],"publishpress_future_action":{"enabled":false,"date":"2026-04-18 15:44:55","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/posts\/69018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/comments?post=69018"}],"version-history":[{"count":0,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/posts\/69018\/revisions"}],"wp:attachment":[{"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/media?parent=69018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/categories?post=69018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thevwindependent.com\/news\/wp-json\/wp\/v2\/tags?post=69018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}