Refiners Start to Add Renewable Diesel Capacity, Seen as Cost-Cutting Move
By Laura Sanicola and Stephanie Kelly
Successful Farming
Refiners such as HollyFrontier Corp and CVR Energy are exploring opportunities to produce renewable diesel to save money on less profitable refineries and offset compliance costs associated with U.S. blending laws.
New producers must also compete for feedstock with incumbents such as Diamond Green Diesel Holdings in Norco, Louisiana, a profitable joint-venture between refiner Valero and Darling Ingredients, which could drive up costs.