**Please Note – Bob Lane was out of the office today and will return on February 28.**
Renewable Diesel Unit at Wynnewood Planned to be Running by April
Partially on easing of soybean oil basis levels, CVR Energy plans to complete the conversion of its hydrocracker into a renewable diesel unit at its Wynnewood, Oklahoma refinery and have it online by the middle of April, CVR Chief Executive David Lamp said during a recent earnings call. The new unit is expected to reach full operating capacity during the second quarter. The opening of the unit had been slated for the late summer/early fall of 2021 but was delayed due to winter weather, equipment delivery issues, and elevated feedstock (soybean oil) prices.
CVR is moving ahead with the instalation of the pre-treater at Wynnewood, but initially, it will use a mix of pre-treated soybean oil and corn oil on hand as feedstocks. CVR is also in talks with several vegetable oil…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...