December 2019 budget deal includes a historic five-year extension of the $1 per gallon biodiesel tax credit.
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.
Established in 1993, Canada’s Best Managed Companies is the country’s leading business awards program, recognizing excellence in Canadian owned and managed companies with revenues over $15 million.
Offered in partnership with Targray’s global banking partners, the program enables solar material buyers to optimize working capital through extended payment terms, while helping their suppliers benefit from additional cash flow.
The Biofuels Division’s European biodiesel trading desk will be headed by commodity trader Vincent Cariou and based out of Geneva, Switzerland.