Renewable Diesel Feedstock Perspective
MRL
CAMELINA FEEDSTOCK - UPSIDE
Cover crop for winter; rotation crop for soil conditions; grows well in the high plains
Camelina as Feedstock
Overview
~20 mbpd potential supply in 2024
Attractive farm economics due to high oil content (30-40%)
Grown on fallow land and as rotation crop; maximizes
land utility without displacing food production acreage
-
Successfully grown in Montana, Colorado,
Wyoming, Washington, Oregon and Canada
Most commercial production is concentrated in Montana
Significance to MRL
CI Score Impact
• Camelina oil has a low CI score on par with tallow and DCO
No indirect land use charge in the LCFS models
Supply Impact
⚫ MRL is uniquely positioned to benefit from Camelina
supply given strategic position with immediate proximity to
sources in Montana, nearby states and BNSF's Hi-Line
Other Renewable Diesel producers (Gulf Coast and West
Coast) would buy Camelina that travels past MRL en route
to their facilities
Source: AgMRC, ExxonMobil.
16View entire presentation