

PHOTO: EDINIQ
September 17, 2022
BY Katie Schroeder
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Neste is marking two significant milestones: the 15th anniversary of its renewable products refinery in Singapore and the 60th anniversary of its Porvoo refinery in Finland. Both facilities currently produce renewable fuels.
Marathon Petroleum Corp. on Nov. 4 announced its renewable diesel segment achieved increased capacity utilization during the third quarter. The segment, however, reported a significant EBTIDA loss on weak margins.
ADM on Nov. 4 released Q3 financial results, reporting a profitable three-month period for its ethanol operations on improved margins. Overall company operations, however, were negatively impacted by biofuel policy and trade uncertainty.
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.
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.