Shell unveils new biodiesel facility in Sydney, Australia
Australian arm of global energy and petrochemical major Shell unveiled a new biodiesel facility at its Parramatta Terminal in western Sydney to meet increasing customer demands.
The facility will retail Biodiesel 20 (B20) into the New South Wales market that is currently available from the company's terminal in Melbourne.
Commenting on the facility Shell vice-president downstream Andrew Smith remarked that it was unveiled to reduce the environmental impact of transport fuels and potential liability under the Federal Government's carbon pricing scheme.
"Shell is committed to understanding customer needs, and when we asked them if they would consider using B20 if it was available 28% they said they would because of the tax benefit.
"Given the zero rating of biodisesel under the carbon pricing scheme, using a B20 fuel in their trucks can help affected customers significantly improve their bottom line," added Smith.
The Shell B20 is made up of Shell diesel with a bio component produced from vegetable oils or animal fats.