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(Phillips 66/Business Wire) The company becomes a minority owner in Shell Rock Soy Processing Phillips 66 (NYSE: PSX) is securing feedstock for the company’s growing portfolio of renewable fuels projects by investing in a new soybean-processing plant in Iowa. The company’s investment gives it a minority ownership stake in Shell Rock Soy Processing, named after the nearby town in northeast Iowa where it will be built. The plant, which is pending state and local approvals, will yield approximately 4,000 barrels per day of soybean oil. Phillips 66 has an agreement to purchase 100% of the plant’s soybean oil production that will be used to make renewable fuels. ....
Shell Rock Soy Processing to supply soy oil to Phillips 66 agriculture.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agriculture.com Daily Mail and Mail on Sunday newspapers.
Phillips 66 invests in Shell Rock Soy to secure feedstock supply for renewable diesel : Biofuels Digest biofuelsdigest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biofuelsdigest.com Daily Mail and Mail on Sunday newspapers.
Iowa announces $11.5M in education-related grants, $246.3M in capital investments washingtonexaminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonexaminer.com Daily Mail and Mail on Sunday newspapers.
$243 million soy processing project snags millions in Iowa tax credits thehawkeye.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehawkeye.com Daily Mail and Mail on Sunday newspapers.