Genscape Becomes First EPA-Approved QAP Provider for Renewable Fuel Imports; Launches Canadian Educational Event

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Foreign biofuel producers can now obtain Genscape-certified QAP RINs to improve marketability & boost buyer confidence

“We know that Genscape’s certification program increases marketability and pricing power for domestic producers,” says Robert Barton, managing director at Genscape. “Now foreign producers can enjoy the same advantages.”

Genscape, the first EPA-approved QAP provider, is now first to have EPA approval for biofuels produced at foreign facilities and imported into the US. This new EPA designation is another important milestone for Genscape as their RIN Integrity Network™ continues to build trust and validation-through-certification across the industry.

“We know that Genscape’s certification program increases marketability and pricing power for domestic producers,” says Robert Barton, managing director at Genscape. “Now foreign producers can enjoy the same advantages.”

To educate Canadian producers on how best to improve their quality assurance and overall competitiveness, Genscape will host a no-cost educational webinar on July 11, entitled: Roadmap for Selling QAP RINs in the US: A Guide for Canadian Producers.

To learn more or register visit: http://info.genscape.com/canadian-producer-roadmap

For both A-RIN and B-RIN producers, the Genscape QAP program incorporates a suite of compliance-based services including annual attestation, direct advice on RFS2 registration and compliance issues with a licensed CPA, RFS2 Engineering Review by an engineer licensed in the facility’s state, full ASTM 6751 panel test, and RFS2 Quarterly Report filing. The EPA requires that renewable fuel producers participating in a QAP program complete these compliance measures to maintain the integrity of the program.

The process for the EPA to verify a QAP Provider for fuel produced outside the US requires the provider to prove their capacity to monitor and track the transportation of fuels with additional stringency as the imports typically move via rail or vessel. Foreign producers must register and receive EPA-issued company and facility identification numbers prior to the generation of any RINs for the fuel, which is the same process as that for a domestic producer. Foreign producers that generate RINs must also meet the requirements of Title 40 CFR §80.1166.

About Genscape
Genscape is the leading global provider of energy information for commodity and financial markets. Utilizing patented technologies and proprietary algorithms, Genscape provides accurate & timely data on capacities, flow and utilization for all major energy commodities. Genscape's RIN Integrity Network™ is the industry’s most robust quality assurance program (QAP) for RIN verification. The company’s goal is to reestablish a liquid RINs market by restoring integrity to RINs, providing better fundamentals as foundation for market transparency and establishing an electronic marketplace to make transactions of validated RINs more secure and efficient. Genscape is the official corporate partner of the National Biodiesel Board (NBB) for RIN integrity.

Find out more about the RIN Integrity Network at http://info.genscape.com/rin-network-press

For all press inquiries please contact:
Molly Hislop
Marketing Specialist
Office: +1 617 790 0903
mhislop(at)genscape(dot)com

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