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FOR IMMEDIATE RELEASE
August 29, 2019
TWO EXPANSIONS IN TWO CITIES
August 29, 2019 – PALM BEACH COUNTY – The Business Development Board of Palm Beach County (BDB) is pleased to announce Sunshine Biofuels, a biofuel manufacturing company that has developed alternative fuels to substitute diesel, has recently expanded its current production capacity from five million gallons to twenty million gallons per year, making it the first and now largest Renewable Diesel manufacturer in the State of Florida. The company’s production facility is located in Lake Worth Beach at 301 South “H” Street and will add 10 new jobs with an average wage of $80,000. It will also begin operations in Riviera Beach at the Port of Palm Beach for the storage and transloading of 100% non-hazardous, non-toxic biofuels and biofuel feedstocks. This expansion was required to serve contracted renewable diesel demand with Lincoln Energy Solutions and 700 Islands Energy, the largest biofuel blenders in the Southeastern United States and Bahamas, respectively.
The Business Development Board supported Sunshine Biofuels’ rapid growth by expediting the development of its 23,000 square foot biofuel transloading facility located within the Port of Palm Beach, while also making local connections and coordinating permit meetings at the City of Lake Worth Beach and the City of Riviera Beach. The new Riviera Beach transloading site will be used to load renewable diesel fuel into railcars for shipment to fuel blending terminals, owned and operated by Lincoln Energy Solutions, throughout the southeastern United States. In addition, the facility will be used to load renewable diesel into ISO container tanks for export by ocean-going vessels to 700 Islands Energy Ltd., a Bahamas based energy company serving the Caribbean market place.
Sunshine Renewable Diesel fuel is manufactured by a patent pending proprietary process and is EPA registered and approved. The fuel is 100% non-hazardous, non-toxic, and a sustainable alternative to petroleum diesel fuel. Sunshine renewable diesel fuel provides a distinct advantage to savvy truck and marine fleet operators because it significantly reduces the operation cost and environmental impact of diesel propelled equipment. Owners of trucks and fleets from around the globe have been using the fuel for years and saving money while doing so. Plans for further expansion are currently in process to meet the two billion gallon per year demand for cost effective and sustainable renewable fuels, which will further benefit the local and state economy pending the completion of their series A round.
“Sunshine Biofuels is pleased to call Palm Beach County home. We are grateful for the steadfast support we have received from the City of Lake Worth Beach, Port of Palm Beach, City of Riviera Beach, and the Business Development Board of Palm Beach County in the 8 years we have been operating here,” said Michael Lokey, CEO, Sunshine Biofuels. “Sunshine Biofuels’ corporate culture strongly identifies with the idea of responsible stewardship. As such, we are excited to be playing a significant role in building a more sustainable economic and environmental future for Palm Beach County and the great State of Florida.”
“Lake Worth Beach is thrilled to see one of our own making an impact on the world,” said Pam Triolo, Mayor of Lake Worth Beach. “Sunshine Biofuels is an excellent example of how our city embraces “green” solutions while creating jobs for our citizens. The entire City Commission celebrates Sunshine Biofuels success!”
“We welcome Sunshine Biofuels’ distribution facility to Port of Palm Beach, which is located here in Riviera Beach,” said Ronnie L. Felder, Mayor of Riviera Beach. “It will join other industrialists here that were also attracted to our excellent location, our strong business core and our longtime connection to the Caribbean, especially the Bahamas. Thanks for joining the team.”
“Sunshine Biofuels is a splendid example of a company focused on contributing a positive impact on the environment, while at the same time being commercially viable,” said Manuel Almira, Port of Palm Beach Executive Director.
“Palm Beach County is home to a marine industry that has an economic impact of $2.1 billion, a manufacturing industry that employs over 20,000 people, and a distribution industry that includes over 4.2 million sq. ft. of occupied warehouse space,” said Kelly Smallridge, President and CEO of the Business Development Board. “Sunshine Biofuels is in a strategic location to gain access to even more clients for biofuel needs.”
“700 Islands Energy is proud to partner with Sunshine Biofuels to reduce the use and cost associated with petroleum-based diesel fuels in the Bahamas and larger Caribbean market place. As the largest biofuel blender in the Bahamas, we see the economic and environmental benefits of Sunshine Renewable Diesel fuel and are committed to developing and expanding this innovative product’s use in the Caribbean for both power production and transportation industries,” said Happy Hall, President of 700 Islands Energy.
“Lincoln is proud to partner with Sunshine Biofuels. The Sunshine–Lincoln relationship is a continuation of innovative efforts to further expand Biofuels infrastructure and logistics, which integrates renewable blending with petroleum,” said Larry Burgamy, Jr., President of Lincoln Energy Solutions.
About Sunshine Biofuels:
Sunshine Biofuels is a US based company that has developed alternative fuels to substitute diesel. These can be used for Marine vessels, Trucks, Generators and Fuel Burners. For more information, visit http://gosunshinebiofuel.com/commercial-truck-diesel/.
About Business Development Board: The Business Development Board of Palm Beach County is the official public/private economic development organization for Palm Beach County and Enterprise Florida. Founded in 1982 as a not-for-profit corporation, our primary purpose is to attract and retain new industry, business investment, high quality jobs and workforce development through corporate relocations, expansions and international trade. During the past five years, the BDB has assisted companies that have created more than 12,822 direct jobs with average salaries greater than $69,062, resulting in more than $777 million in capital investment to Palm Beach County and an economic impact that exceeds $6.87 billion. Additional information can be found at the BDB’s web site, BDB.org.
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