West Coast Biodiesel Consolidation: Crimson Acquires SeQuential

Austria, BioRefineries/Renewable Fuel Production, Biorefinery/Fuel Production Infrastructure, Business News/Analysis, California, Feedstocks, Funding/Financing/Investing, Infrastructure, Marketing/Market Forces and Sales, Not Agriculture, Oregon, Sustainability

November 6, 2018

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by Ron Kotrba (Biodiesel Magazine) California-based biodiesel producer Crimson Renewable Energy LP has acquired SeQuential, a vertically integrated biodiesel producer based in Oregon. With the acquisition, Crimson will gain increased feedstock supply options for its biodiesel production facility in Bakersfield, California, and expand its ability to supply ultra-low carbon biodiesel to customers all along the West Coast.

Crimson and SeQuential will continue to operate under their existing brands. Harry Simpson will serve as CEO for both Crimson and SeQuential, and Tyson Keever will take on the role of chief operating officer for the combined companies.

The SeQuential management team will continue in their current roles and focus on expanding SeQuential’s regional used cooking oil and restaurant service operations and its Oregon biodiesel production and marketing.

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Crimson operates a 24 MMgy multifeedstock biodiesel plant in Bakersfield, California, and is currently constructing an additional 12 MMgy of production capacity. The new capacity will utilize the RepCat process developed by Austria-based BDI-BioEnergy International, a technology that employs a recyclable catalyst and can efficiently convert high-FFA material such as sewer grease into quality biodiesel.

SeQuential operates a 17 MMgy biodiesel production facility in Salem, Oregon, and makes its biodiesel from used cooking oil it collects from thousands of restaurants and businesses throughout the region. READ MORE

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