Colonial Oil Industries Expands Availability of Renewable Diesel in the Southeast

The company partnered with Neste, TICO and Gateway Terminals.

February 02, 2024

Colonial Oil Industries Inc. announced a partnership with Neste, TICO (Terminal Investment Corporation) and Gateway Terminals, offering renewable diesel to customers and businesses in the Southeast.

“As a trusted supplier of quality fuels and logistics solutions for more than 100 years, Colonial Oil is proud to expand our offering to meet the sustainable energy needs of our land and marine customers. We endeavor to be the energy partner of choice in the markets we serve and our strategic relationship with Neste accelerates this ambition,” said Bob Kenyon, president of Colonial Oil Industries Inc.
This partnership increases the availability of renewable diesel in the state of Georgia and throughout the Southeast. The renewable diesel will be supplied by Neste.

Renewable diesel is a lower-carbon alternative to traditional diesel fuel, produced from renewable raw materials such as used cooking oil and animal fat waste, the company explained.

“When compared to fossil diesel, the use of renewable diesel significantly reduces greenhouse gas emissions over the fuel’s life cycle, making it a crucial player in the global effort to combat climate change,” said Colonial Oil.
“TICO is proud to partner with Colonial, GPA (Georgia Ports Authority) and Gateway Terminals to lead the transition to renewable diesel, beginning with a Q1 deployment in our operations supporting the Port of Savannah. TICO Terminal Services and TICO Manufacturing are committed to advancing sustainability in terminal equipment driven by technologies that are both advanced and reasonable,” says Duncan Pindar, executive vice president of TICO.

Here are the key features Colonial Oil said its renewable diesel offering includes:

  • Environmental impact: Over the life cycle of the fuel, renewable diesel can reduce emissions by up to 75% compared to fossil diesel.
  • Performance: Renewable diesel offers comparable performance to fossil diesel.
  • Compatibility: Renewable diesel is fully compatible with all diesel engines and does not require additional investments to the engines and fueling infrastructure. It can be used in its neat form or be blended with fossil diesel at any ratio.
  • Supply chain integration: With a robust supply chain and in partnership with CTI and Georgia Ports Authority, Colonial Oil will ensure a reliable and consistent source of renewable diesel for consumers.