CVR delays renewable fuel startup at Wynnewood refinery
Reuters
5/4/2021
By Laura Sanicola
May 4 (Reuters) - A renewable diesel unit at CVR Energy's Wynnewood, Oklahoma, refinery will not be in service until the end of the third quarter due to severe weather in February and delays in equipment deliveries, the company said on Tuesday.
The unit was expected to start processing renewable diesel this July.
The U.S. refiner said it recently signed agreements for feedstock supply and terminalling and is in negotiations on product marketing for the project. It expects the project to cost between $135 million and $140 million, up from earlier estimates of $110 million.