Biofuel Marketing & Trading
Targray Biofuels is an international leader in the sourcing, transportation, storage, trading and supply of biodiesel fuel and feedstock.
Supported by our vast network of managed rail cars and terminals, we create biofuel energy solutions to meet the growing global demand for low carbon transportation fuels. Our fuel programs help retailers, distributors, traders and refineries become more profitable while creating a more sustainable economy for future generations.
About our Biofuels Business
Established in 2012, Targray’s renewable fuels business is one of the largest and fastest-growing international suppliers of bio-based fuel and feedstock materials.
With 30 years experience in international trade and distribution, we are well-positioned to support the biofuel requirements of industry participants.
How are Biofuels Made?
Ethanol is an alcohol, the same found in beer and wine. It is made by fermenting any biomass high in carbohydrates through a process similar to brewing beer. Ethanol is mostly used as a fuel additive to cut down a vehicle’s carbon monoxide and other smog-causing emissions. But flexible-fuel vehicles, which run on gasoline and up to 85% ethanol, are widely available in the U.S. and elsewhere.
Pure biodiesel is made by combining alcohol with vegetable oil, animal fat, or recycled cooking greases. It can be used as an additive, or in its pure form as a 100% renewable alternative for diesel engines.
Other bio-based fuels include methanol and reformulated gasoline components. Methanol, commonly called wood alcohol, is currently produced from natural gas. However, it can also be produced from biomass. There are a number of ways to convert biomass to methanol, but the most common approach is called gasification. With gasification, the biomass is vaporized at high temperatures and impurities are removed. The biomass then passes through a catalyst and is converted into methanol.
Is Biofuel Renewable?
In contrast to fossil fuels, the source biomatter of advanced biofuels can regrow quickly. As a result, bio-based fuels (like ethanol, biodiesel, renewable diesel, and biogas) can be classified as a renewable.
Unlike other renewable sources, biomass can be converted directly into liquid bio-based fuels to help meet transportation fuel needs.
What is Biofuel?
Biofuel is a fuel produced from organic material like plant materials, vegetable oil, animal fat, and cellulosic biomass.
Depending on the feedstock used, biofuel may qualify as carbon-neutral. This is achieved when the carbon dioxide absorbed by the plants equals the CO2 released when the fuel combusts.
Common Biofuel Types
Biodiesel is produced from oils or fats using transesterification. The resulting liquid is similar in composition to fossil and mineral diesel. Consisting mostly of fatty acid methyl esters (FAMEs), biodiesel is the most common biofuel in Europe. Its feedstocks include animal fats, vegetable oils, soy, rapeseed, jatropha, mustard, flax, sunflower, palm oil, hemp and algae.
Pure biodiesel (B100) currently reduces emissions by up to 60% compared to diesel. It can be used in any diesel engine when mixed with petroleum diesel. In fact, it is technically possible to run a diesel engine on pure biodiesel B100. However, biodiesel is most commonly blended with petroleum diesel (B5, B20, etc.) to avoid “gelling” in cold weather environments.
Ethanol fuel is the most common biofuel worldwide. It is produced by fermentation of sugars derived from wheat, corn, sugar beets, sugar cane, molasses and any sugar or starch from which alcoholic beverages can be made. The ethanol production methods used are enzyme digestion, fermentation of the sugars, distillation and drying.
Ethanol can be mixed with gasoline to any percentage for use in petrol engines. Indeed, most modern petrol engines can run on blends of up to 15% ethanol with petroleum gasoline.
Firewood is the most conventional and ancient biofuel, and the most commonly used solid biomass fuel. It is still used in many parts of the world for both domestic (cooking, home heating) and industrial (thermal power plants, industrial boilers) purposes. Solid biomass comes in less convenient forms than liquid fuels. These include sawdust, wood chips, grass, waste wood and agricultural residues.
Solid biomass will typically undergo densification prior to being used for commercial purposes. The predominant densification processes used today yield wood pellets, cubes, or pucks. The pellet process is most common in Europe, and is typically carried out on a pure wood product.
Biogas refers to a mixture of different gases produced by the breakdown of organic matter. The breakdown process, which entails depriving the organics of oxygen, is called anaerobic digestion. Biogas can be produced from raw materials such as agricultural waste, plant material, sewage or food waste.
Biogas is suitable for use as a fuel, burning easily without producing much pollution.
Biofuel Supply Programs for Retailers & Distributors
Our sourcing network is supported by a managed rail fleet that supplies fuel from locations throughout North America and Europe.
As a registered member of the EPA, CARB, and ISCC, we understand the complexities of the sustainable fuel market and use that knowledge to serve you better. Our innovative turnkey programs help businesses of all sizes meet compliance requirements without compromising their operational efficiency.
Targray’s new EU Biofuel terminal enhances access to biodiesel for European fuel producers, distributors, traders and retailers.
Targray has been named to the FP500, Financial Post’s ranking of the top 500 corporations in Canada by revenue. The company ranks No. 458 among all companies surveyed, up from No. 534 the previous year.