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"increasingly stringent environmental mandates, and the need to deliver more environmentally-compliant fuels to the transportation industry."

"Re-sell to petroleum and chemical partner 100% reliable, customized renewable fuels and chemicals."

Petro & Chemical

The Petroleum & Chemical industry is challenged by increasingly stringent environmental mandates, and the need to deliver more environmentally-compliant fuels to the transportation industry, all while facing blending challenges, restrictions, commodity pricing volatility to their primary fuels, risks to transportation infrastructure, logistics, and physical capacity constraints. The impact to-date has not only been a direct effect on the long-term economic viability of these companies, but also the communities in which they operate.

Challenges faced by operators in this industry have been driven by and have resulted in:

  • The imperative to reduce greenhouse (GHG) emissions upwards of 80 percent by 2050 in reaction to an increasingly mobilized consumer and economy
  • Significant climate/clean energy policy momentum in a majority of U.S. states, with likely near-term federal action that will further increase costs and complicate development of fossil-fuel based fuels
  • Increased industry reliance on costly, incentivized alternative blend fuels

SG Preston offers immediate partnering solutions to petroleum and chemical developers. Our value-added offering is designed to:

1

Acquire shuttered or existing refinery facilities scheduled for closure

people
people
2

Acquire unfinished refinery facilities

3

Convert these facilities to 100% renewable biofuels and chemicals

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believe
4

Re-sell to petroleum and chemical partner 100% reliable, customized renewable fuels and chemicals

5

Offer pricing mechanism competitive with traditional petroleum-based fuels and chemicals

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