DES MOINES – Organization
officials have announced a professional partnership between the National
Association of Shell Marketers (NASM) and RINAlliance, a cloud-based software
utilized by renewable fuel blenders throughout the United States.
“Our marketers across the
U.S. benefit from the consulting expertise of RINAlliance as their
professionals have the longest and most successful track record in
understanding RINs and serving the needs of renewable fuel blenders,” said
Jennifer Richards, president of NASM, in a press release.
NASM, a brand-specific
trade association, represents the business interests of petroleum marketers
that have wholesale contracts for the distribution and sale of Shell-branded
products. RINAlliance serves hundreds of petroleum marketers with renewable
fuel blending and EPA compliance matters through the use of proprietary
software and dedicated specialists. It also focuses on the economics of
blending by working with clients on rack pricing, RIN values, federal blender
credits, infrastructure, competitive supply options, and other financial
incentives.
“RINAlliance is extremely
excited and honored to have the support and endorsement of the National
Association of Shell Marketers and we look forward to playing a role in the
success of its fuel distributors,” said Dawn Carlson, president of RINAlliance,
in a press release “NASM understands the regulatory burdens of petroleum
marketers and recognizes the value RINAlliance brings to its members.”
Today’s RIN values are the
driving factor when it comes to renewable fuel blending. The positive economics
are easily assessed and the ultra-competitive petroleum industry has taken
notice of blending benefits.
RINAlliance has
established a network of qualified renewable fuel producers by working with
EcoEngineers to qualify production and RINs. This network allows RINAlliance
blenders access to top tier pricing of their RINs through negotiated contracts
with obligated parties while protecting them from regulatory perils