December 27, 2012
BY Erin Voegele
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Marathon Petroleum Corp. on Nov. 5 confirmed the Martinz Renewable Fuels biorefinery in California remains on track to be operating at full nameplate capacity by the end of the year. At full capacity, the facility can produce 730 MMgy.
PBF Energy Inc. on Oct. 31 announced that its St. Bernard Renewables facility produced 13,000 barrels per day of renewable diesel during the third quarter. Production is expected to increase during the fourth quarter.
CVR Energy Inc. on Oct. 29 announced that the renewable diesel unit at its Wynnewood refinery in Oklahoma processed 19.6 million gallons of vegetable oil feedstock during the third quarter, down from 23.8 million gallons during the same period of 2023.
Phillips 66 on Oct. 29 reported that its renewable fuels segment was impacted by lower margins during Q3, but company officials expect margins to improve moving forward. The company also reported it began producing SAF in September.
Neste Corp. on Oct. 24 released third quarter financial results, reporting that its renewables segment has been impacted by overcapacity and lower-than-expected voluntary demand for sustainable aviation fuel (SAF).