Tyson Renewable Energy
Through the creation of new growth platforms, Tyson Renewable Energy is commercializing
renewable energy opportunities where we can be a significant player.
The first step is our alliance with ConocoPhillips
to create the next generation of diesel fuels. Over the last year we have been collaborating
on ways to leverage Tyson’s advanced knowledge in protein chemistry and triglyceride
production, with ConocoPhillips’ processing and marketing expertise, to launch a
next generation ‘renewable diesel’ fuel.
Our next step forward is our joint venture with
Syntroleum, a Tulsa-based synthetic fuel technology company, to produce
synthetic fuels made from renewable feedstocks. Production of these fuels additionally
leverages Tyson’s procurement capabilities, industry relationships, and experience
in commodity trading and risk avoidance to access feedstocks from other sources.
Syntroleum contributes their gas-to-liquid technology expertise and relations built
while producing synthetic fuel and developing synthetic fuel standards for the U.S.
Air Force and Department of Defense.
More opportunities are just around the corner.