2008 News Releases and Information
John Deere Agri Services Partners With Clean Fuels Clearinghouse For Renewable Identification Number (RIN) Solution
ALPHARETTA, Georgia (August 12, 2008) — John Deere Agri Services, provider of the AGRIS™ V9 business system for agribusinesses and biofuel facilities, and Clean Fuels Clearinghouse, developer of the RINSTAR™ Renewable Fuel Registry, have developed a partnership to provide AGRIS V9 system users integration with the RINSTAR solution. The partnership enables data import and export capabilities for the transmission of biofuel load information from the AGRIS V9 system to the RINSTAR solution. The data transfer functionality allows for generating Renewable Identification Numbers (RINs) and reports to meet requirements of the Renewable Fuel Standard outlined in the Energy Policy Act of 2005.
The RIN-based system was created to identify, measure, and track batches of renewable fuel. RINs are unique serial numbers that renewable fuel producers or importers assign to each batch of fuel produced or imported and must be reported to the U.S. Environmental Protection Agency and listed on product transfer documents if the batch is transferred to another party. Each year refiners, blenders, and importers obligated to meet the renewable volume requirement must acquire sufficient RINs to demonstrate compliance. RINs can be traded and serve as the currency for the credit trading program.
"We are pleased to provide our biofuel producer customers an efficient, straightforward process to manage RIN compliance," says Tom Angell, director of marketing for John Deere Agri Services. "By having the ability to communicate with the RINSTAR registry, our customers can focus on their business and reduce effort to meet Renewable Fuel Standard reporting requirements."
"The renewable fuel registry interacts with more than 450 companies each day throughout the entire renewable fuel supply chain," notes Clayton McMartin, president of the Clean Fuels Clearinghouse. "This partnership further expands the universe, bringing more certified RINs to the market and more confidence to the transactions."
For more information, call 1-800-393-8971 or send an e-mail to AgriServices@JohnDeere.com. Information about the AGRIS V9 system can be found on the Web site at www.JohnDeereAgriServices.com. RINSTAR information can be found on the Web site at www.rinregister.com.
John Deere (Deere & Company - NYSE: DE) is the world's leading provider of advanced products and services for agriculture and forestry and a major provider of advanced products and services for construction, lawn and turf care, landscaping and irrigation. John Deere also provides financial services worldwide and manufactures and markets engines used in heavy equipment. Since it was founded in 1837, the company has extended its heritage of integrity, quality, commitment and innovation around the globe.
The Clean Fuels Clearinghouse is an independent corporation that focuses on providing the systems and specialized information that motor fuel producers need for the most cost effective implementation of clean fuel regulations. The company has been instrumental in earlier implementation of clean fuel regulations beginning in 2001 and delivers services to a client base which accounts for over 70% of the United States gasoline supply.
For More Information, Contact:
Barry E. NelsonManager, Public Relations
Phone: 913-310-8324 Fax: 913-310-8394
E-mail: NelsonBarryE@JohnDeere.com
Dani Lee Avery
Clean Fuels Clearinghouse
Phone: 575-377-3369
E-mail: DLA@CFCH.com
