**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…
05.01.2024
Renewable diesel tops petroleum diesel as CA’s most blended diesel fuel in 2023
The consumption of renewable diesel (RD) in California reached a new milestone in 2023, with RD blending surpassing that of petroleum diesel for the first time. Data released on...
05.01.2024
Distillers’ corn oil production moves higher
Four cars of technical tallow traded lower on Wednesday May 1, down to 47 cents per lb Chicago basis.
Used cooking oil (UCO) and yellow grease traded...
05.01.2024
Animal protein prices steady amid avian flu outbreak
US animal protein prices were steady or up on Wednesday May 1 amid limited reported trade, with multiple market participants attending the Petfood Forum in Kansas City, Missouri, this...