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soybeans – Advanced BioFuels USA

soybeans – Advanced BioFuels USA
advancedbiofuelsusa.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from advancedbiofuelsusa.info Daily Mail and Mail on Sunday newspapers.

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$500M Chalmette renewable diesel project secures local approval

$500M Chalmette renewable diesel project secures local approval
neworleanscitybusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from neworleanscitybusiness.com Daily Mail and Mail on Sunday newspapers.

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Louisiana council clears tax break for PBF Energy's 'saviour' refinery project

Reuters
2 minute read
HOUSTON, July 7 (Reuters) - A Louisiana parish council has approved a property tax exemption for a project that a company official said could be the saviour of independent refiner PBF Energy (PBF.N) and its Chalmette, Louisiana refinery.
The exemption, approved late on Tuesday, will save PBF $91 million over 10 years in property taxes for a new renewable diesel unit, according to documents filed by PBF with the council of St. Bernard Parish on the east side of New Orleans.
PBF wants to use the tax break to attract a partner for the conversion of an idled hydrocracker, which made diesel from gas oil, into a renewable diesel unit that will make the truck fuel from animal fats. ....

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PBF looking to invest $550M to retrofit Chalmette refinery for renewable diesel : Biofuels Digest

In Louisiana, Gov. John Bel Edwards and PBF Chalmette Refinery Manager Steven Krynski announced the company is studying the possible conversion of an idled refinery unit into a renewable diesel production complex. The refinery’s parent company, PBF Energy, would make a $550 million capital investment to retrofit a hydrocracker unit – out of operation since 2010 – with new technology to accommodate renewable diesel production. The project also would include construction of a pretreatment unit that will allow Chalmette Refining to create non-fossil feedstocks from soybean oil, corn oil and other biogenically derived fats and oils.
With the project, Chalmette Refining would create 20 new direct jobs at an average annual salary of $70,000, plus benefits. Louisiana Economic Development estimates the project would result in 90 new indirect jobs, for a total of 110 new jobs for St. Bernard Parish and the Southeast Region. The project is expected to support 200 construction jobs ....

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Gov. Edwards, Chalmette Refining Announce Potential $550 Million Renewable Diesel Project – Advanced BioFuels USA

Gov. Edwards, Chalmette Refining Announce Potential $550 Million Renewable Diesel Project – Advanced BioFuels USA
advancedbiofuelsusa.info - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from advancedbiofuelsusa.info Daily Mail and Mail on Sunday newspapers.

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