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FOR IMMEDIATE RELEASE
July 15, 2010

New Biodiesel Tank at BP Ottumwa Terminal Increases Access in Southeast Iowa

Biodiesel Price Discounts at BP’s Ottumwa Terminal Grand Opening

JOHNSTON, IA – Iowa petroleum distributors can receive up to 20% off their B100 purchase on Tuesday, July 27 to help celebrate the Grand Opening of the biodiesel tank at the Ottumwa BP Terminal. 

Diesel distributors who are new to biodiesel at the Ottumwa terminal and who purchase and splash blend at least 300 gallons of B100/B99 from the terminal that day will receive a $150 rebate.  The event is sponsored by the Iowa Clean Cities Coalition and the Iowa Renewable Fuels Association in conjunction with BP, C.W. Terminal Biofuels Inc., and Renewable Energy Group.

Customers have the option to pick up biodiesel for further blending at the 24/7 loading rack at the BP fuel terminal located at 16848 87th St. in Ottumwa, Iowa.  This is the first of BP’s six statewide terminals to offer biodiesel blending.

“Biodiesel seems to be the best kept secret in Iowa,” said Grant Menke, IRFA biofuels manager.  “We hope this promotion will catch jobbers’ and retailers’ attention.  Biodiesel is a low-cost, high-performance option when you factor in that retailers are eligible for the $0.03/gallon Iowa income tax credit on B2 or higher blends.  And blends up to B5 meet the ASTM specification for diesel fuel while providing superior engine lubricity and a homegrown option.”

This promotion is limited to the first 20 distributors who schedule a load for pick-up on July 27th. To reserve your $150 rebate or for more details on the promotion, please contact Alicia Clancy at 515-239-8118 before July 21.

The 30,000 gallon heated tank at the BP site offers B100 bottom-loading capability for splash blending with diesel fuel. Menke added: “This terminal makes offering biodiesel blends very convenient.  BP’s facility set-up makes it very easy for petroleum distributors to offer B5 and higher blends.”

The terminal was funded through an infrastructure grant from the U.S. Department of Energy and a Renewable Fuels Infrastructure Grant through the Iowa Dept. of Economic Development.

Iowa is the leader in renewable fuels production.  Iowa has 39 ethanol refineries capable of producing nearly 3.3 billion gallons annually. In addition, Iowa has 14 biodiesel facilities with the capacity to produce nearly 320 million gallons annually.

The Iowa Renewable Fuels Association was formed in 2002 to represent the state’s liquid renewable fuels industry. The trade group fosters the development and growth of the renewable fuels industry in Iowa through education, promotion, legislation and infrastructure development.

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For more information, visit the Iowa Renewable Fuels Association website at:  www.IowaRFA.org