Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


GCEH Converting Calif. Refinery to Biodiesel Production (M&A)
Global Clean Energy Holdings
Date: 2020-05-11
In the Golden State, Torrance-based Global Clean Energy Holdings (GCEH) Inc. is reporting the $40 million purchase of the idled Alon USA Energy Inc. Big West gasoline and diesel refinery in Kern County.

GCEH plans to convert the 70,000 bpd facility to produce biodiesel from used cooking oil, soybean oil and camelina. The refinery has not run for 12 consecutive months since 2012. (Source: GCEH, PR, The Bakersfield Californian, 8 May, 2020) Contact: GCEH, Richard Palmer, CEO, www.gceholdings.com; Alon USA Energy www.delekus.com

More Low-Carbon Energy News Global Clean Energy Holdings,  DELEK,  Delek,  Biodiesell,  


World Energy Invests $350Mn in Cal. Renewable Fuel Plant (M&A)
World Energy,AltAir,Delek
Date: 2018-10-26
Boston-headquartered biodiesel producer World Energy is reporting a $350 million investment over the next two years to complete a conversion of its Paramount, Calif. petroleum refinery to a 305 million gpy renewable fuel refinery.

As previously reported, World Energy purchased Delek US Holdings Inc.'s interests in renewable jet fuel and renewable diesel producer AltAir Paramount LLC. The deal included AltAir's Paramount Petroleum LLC refinery assets in Paramount, as well an adjacent tank farm, and most of Delek's California pipeline assets. Founded in 1998, World Energy operates biodiesel manufacturing plants in Houston; Natchez, Miss.; Rome, Ga.; Harrisburg, Pa.; and Hamilton, Ontario. In addition to its renewable diesel refinery in Paramount, the company also operates distribution hubs throughout the U.S. and Canada. (Source: World Energy, NGT News, 24 Oct., 2018) Contact: Delek US Holdings, Keith Johnson VP Investor Relations, (615) 435-1366, www.delekus.com; AltAir Fuels, Tom Todaro, CEO, (843) 720-8920, (562) 748-4726, www.altairfuels.com; World Energy, Gene Gebolys, CEO,(617) 889-7300, www.worldenergy.net

More Low-Carbon Energy News Delek,  World Energy,  Renewable Fuel,  

Showing 1 to 2 of 2.