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.
Oil refineries see profits in turning waste into renewable diesel
By Clifford Krauss New York Times December 10, 2020 8:04pm Text size Copy shortlink:
HOUSTON – Many businesses are betting that electric and hydrogen-powered cars and trucks will play a critical role in the fight against climate change. But some oil companies are hoping that so will smelly restaurant grease and slaughterhouse waste.
Companies that refine crude oil into fuel are increasingly using such putrid scraps to make a renewable version of diesel that can reduce greenhouse gas emissions from trucks, buses and industrial equipment without requiring families and businesses to invest in expensive new vehicles and factory gear.