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Green diesel, also known as renewable diesel, is a biofuel that is chemically similar to petroleum diesel but is made from renewable resources such as vegetable oils, animal fats, or waste cooking oils. Unlike biodiesel, green diesel is produced through a process called hydrotreating, which results in a fuel that is a direct drop-in replacement for conventional diesel. This means it can be used in existing diesel engines without modification and can be distributed through existing infrastructure. In the context of the broader fuel market, green diesel is a part of the growing renewable energy sector aimed at reducing the environmental impact of transportation fuels. It offers several advantages over traditional gasoline and diesel, including lower carbon emissions and reduced exhaust pollutants, which helps meet stricter emission regulations and addresses environmental concerns associated with fossil fuels.
Several companies are active in the green diesel market, developing technologies and producing fuel to meet demand. Key players include Neste, the world's largest producer of renewable diesel with refineries in Europe and Singapore; REG (Renewable Energy Group), a North American leader in bio-based diesel; and Eni, an Italian multinational oil and gas company that has invested in the production of green diesel. Other notable firms include BP, Shell, and TotalEnergies, which have each taken strides to incorporate renewable diesel into their product portfolios as part of a larger transition toward sustainable energy solutions. Show Less Read more