Vertex Energy, Inc, cut the ribbon on its first renewable diesel facility at the company’s Mobile refinery and the first renewable diesel facility in Alabama. Vertex leaders were joined by Alabama Governor Kay Ivey who called the project “a testament to Alabama’s ingenuity and resilience.” Highlighting new technologies being used to provide traditional fuels Alabamians depend on.
Vertex began their renewable diesel endeavor in 2022 when they acquired a conventional fuels refinery from Shell plc. They immediately launched a $115 million conversion project aimed at converting a standalone unit within the refinery facilitate production of renewable diesel.
Mechanical completion was achieved March 31st. The newly converted renewable diesel unit (RDU) is specifically designed to produce renewable diesel fuel. Soybean oil serves as the primary feedstock, but the…
07.25.2024
DGD financial outlook improves despite lower Q2 margins
US renewable diesel major Diamond Green Diesel (DGD), a 50:50 joint venture between Valero Energy and Darling Ingredients, reported on Thursday July 25 a continued weakening in operating income...
07.25.2024
US Gulf tallow prices boosted by limited spot supply, strong Chicago market
Tallow with max 20% free fatty acids (FFA) traded at 51 cents per lb delivered US Gulf on Thursday July 25, following trades earlier this week at that price.
07.25.2024
Animal protein values flat; June poultry slaughter below traditional trends
US animal proteins values were indicated as rangebound on Thursday July 25, with light trade volume reported from multiple market sources.
US broiler slaughter
Fastmarkets' research team...