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DG-Based Resins Spring into Plastics

PHOTO: LAUREL BIOCOMPOSITE

April 11, 2016

BY Ann Bailey

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PBF Energy expects renewable diesel production to expand in Q4

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PBF Energy Inc. on Oct. 29 announced the St. Bernard Renewables facility produced approximately 15,400 barrels per day of renewable diesel during the third quarter. Production is expected to expand slightly during the final quarter of the year.

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CVR Energy Inc. on Oct. 29 announced plans to revert the renewable diesel unit at its refinery in Wynnewood, Oklahoma, back to hydrocarbon processing service during the next scheduled catalyst change in December.

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Neste Corp. on Oct. 29 announced sales of SAF reached a record 251,000 metric tons during Q3. The company’s renewable products segment reported improved EBTIDA, comparable sales margins and sales volumes for the three-month period.

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Phillips 66 doubled its production of SAF during the Q3 and expects additional increases in production to be realized in Q4, according to statements made during the company’s third quarter earnings call on Oct. 29.

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Parkland Corp. released Q3 results on Oct. 27, reporting that the volume of biobased feedstock co-processed at its Burnaby Refinery was up 50%. The company also announced its previously announced purchase by Sunoco LP is expected to close Oct. 31.

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