First U.S. based company to commercially offer
this breakthrough alternative source of energy
WHIPPANY, N.J., April 27,
2022 /PRNewswire/ -- Suburban Propane Partners,
L.P. (NYSE: SPH), a nationwide distributor of propane,
renewable energy, and related products and services today announced
the commercial launch of Propane+rDME. This exciting new product
combines clean, versatile and abundantly available propane with the
renewable, low carbon benefits of renewable dimethyl ether (rDME),
produced by Oberon Fuels, to help create a pathway for lowering
emissions to meet aggressive carbon reduction standards.
This innovative new product is the first commercially available
blend of either traditional, or renewable propane, and rDME. The
resulting blended alternative product has a lower carbon intensity
and can be used as a drop-in replacement for propane engines
in both on-road and off-road applications. The addition of rDME
further enhances the clean air and low carbon benefits of the base
fuel and allows customers to reduce their carbon footprint,
while continuing to use their existing assets without the need
for additional investments in equipment and infrastructure.
"At Suburban Propane, we seek out innovative solutions and
investments to help lead the pathway toward a low carbon economy,
and Propane+rDME is the next step in the evolution of clean
alternative fuels," said Michael
Stivala, President and CEO of Suburban Propane. "This low
carbon energy source is just a stepping stone to a carbon-neutral,
and even carbon negative, future for the propane industry. We are
proud to partner with Oberon Fuels to see the culmination of our
joint visions for providing solutions for a greener tomorrow. This
exciting new product leverages Suburban Propane's significant
infrastructure and more than 90-year legacy of safely delivering
propane across the country, and Oberon's expertise as the only
commercial producer of rDME in the United
States."
"Blending renewable DME (rDME) with propane can reduce the
emissions profile and fits readily with existing storage,
transportation and fueling infrastructure," said Rebecca Boudreaux, Ph.D., President and CEO of
Oberon. "Oberon's rDME is a straightforward and scalable way for
propane distributors and their customers to become more sustainable
and will lead to overall emissions reductions from the propane
sector which is a critical step to meeting global climate
commitments."
On April 27th, representatives
from Suburban Propane invited elected officials and clean energy
subject matter experts to its Placentia,
CA Customer Service Center to celebrate the launch of the
new Propane+rDME product with a ribbon cutting ceremony, brief
speaking program, and facility tour to see the equipment used to
blend propane and rDME.
Suburban Propane is committed to investing in, and fostering
innovative solutions to support the economy-wide transition to a
sustainable energy future through advancing the clean air and
low-carbon benefits of: traditional and renewable propane;
renewable dimethyl ether ("rDME"); and low-carbon intensity ("CI")
blends of rDME, renewable propane and traditional
propane. This launch is part of Suburban Propane's
Go Green with Suburban Propane
initiative promoting the clean and versatile nature of propane and
renewable propane as a bridge to a green energy future and
developing the next generation of renewable energy.
For more information, please
visit www.suburbanpropane.com/rdme
About Suburban Propane
Suburban Propane Partners, L.P. is a publicly traded master
limited partnership listed on the New York Stock Exchange under the
ticker symbol SPH. Headquartered in Whippany, New Jersey, Suburban has been in the
customer service business since 1928 and is a nationwide
distributor of propane, renewable propane, fuel oil and related
products and services, as well as a marketer of natural gas and
electricity and an investor in low-carbon fuel alternatives.
The Partnership serves the energy needs of approximately 1 million
residential, commercial, governmental, industrial and agricultural
customers through approximately 700 locations across 42
states. The Partnership is supported by three core pillars:
(1) Suburban Commitment – showcasing the Partnership's 90+ year
legacy, and ongoing commitment to the highest standards for
dependability, flexibility, and reliability that underscores the
Partnership's commitment to excellence in customer service; (2)
SuburbanCares – highlighting the Partnership's continued dedication
to giving back to local communities across the Partnership's
national footprint and (3) Go Green
with Suburban Propane - promoting the clean burning and versatile
nature of propane and renewable propane as a bridge to a green
energy future and developing the next generation of renewable
energy. The Partnership acquired an approximate 3% equity
stake in Oberon Fuels in September
2020.
For additional information on Suburban Propane, please visit
www.suburbanpropane.com.
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SOURCE Suburban Propane Partners, L.P.