News Formal

Exclusive: Biofuels company proposes to buy fire-damaged Philadelphia refinery

  • 📰 Reuters
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

A biofuels producer said on Thursday it is proposing to acquire the fire-damaged...

PHILADELPHIA - A biofuels producer said on Thursday it is proposing to acquire the fire-damaged Philadelphia Energy Solutions refinery and convert it to make renewable diesel and jet fuels.

The biofuels company would convert at least a portion of the plant to make renewable diesel, marine diesel and jet fuel. Raw material for the fuels would be fats, oils and grease acquired mainly from surrounding communities, two people familiar with the meetings said. “This is what the PES refinery and other idled or closed oil refineries can become to meet the domestic and global demand for cleaner fuels and energy, and safer air,” said LeTang.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

On its face, looks good.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jewelry Company Alex And Ani Drops Gender Discrimination Lawsuit Against Bank Of AmericaAfter less than a month, jewelry company Alex and Ani has dropped its lawsuit alleging gender discrimination against Bank of America by KristinStoller
Source: Forbes - 🏆 394. / 53 Read more »