Alfa Laval
Date: 2020-10-21
Lund, Sweden-headquartered heat transfer, centrifugal separation and fluid handling specialist Alfa Laval reports receipt of a $14.785 million order to supply a processing line to Dallas-based independent petroleum refiner and marketer HollyFrontier Corporation to support the production of renewable diesel in the US. The order includes Alfa Laval high speed separators, various compact heat exchangers and other equipment, engineering and services to provide a pre-treatment processing plant to remove contaminants from fats and oil feedstock prior to the conversion to renewable diesel fuel. Delivery of equipment is scheduled for 2021.

Alfa Laval's innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions, according to the release. (Source: Alfa Laval, Website, PR, 20 Oct., 2020) Contact: Alfa Laval, Johan Lundin, Investor Relations , +46-46-36-65-10, +46-730-46-30-90, www.alfalaval.com; HollyFrontier, Craig Biery, Inv. Relations, 214-954-6510, www.hollyfrontier.com

More Low-Carbon Energy News Alfa Laval,  Renewable Diesel,  HollyFrontier,  

HollyFrontier
Date: 2020-06-03
Dallas-based independent petroleum refiner and marketer HollyFrontier Corporation reports it will spend between $125 million to $175 million to re-purpose its Cheyenne, Wyoming petroleum refinery to produce roughly 90 million gpy of renewable diesel by Q1, 2022. With the move, the Cheyenne refinery is effectively shedding its Renewable Fuel Standard (RFS) biofuel blending obligation to produce saleable renewable diesel and compliance credits.

"Demand for renewable diesel, as well as other lower carbon fuels, is growing and taking market share based on both consumer preferences and support from substantial federal and state government incentive programs," according to a statement from HollyFrontier CEO Mike Jennings. (Source: HollyFrontier, PR, Bloomberg, 3 June, 2020) Contact: HoolyFrontier, Craig Biery, Inv. Relations, 214-954-6510, www.hollyfrontier.com

More Low-Carbon Energy News HollyFrontier,  Renewable Diesel,  Biouel Blending,  RFS,  

Haldor Topsoe,HollyFrontier
Date: 2020-01-31
Following up on our December 11, 2019 coverage, Dallas-based independent petroleum refiner and marketer HollyFrontier Corporation is reporting the selection of Haldor Topsoe's HydroFlexTM technology to produce renewable diesel at its 125-million gpy Artesia, New Mexico refinery (Navajo Refinery). The company expects renewable diesel production to generate 600,000 LCFS credits in its first year.

Under the agreement with Artesia Renewable Diesel Company LLC, a subsidiary of HollyFronteir, Topsoe will licence and supply basic engineering, proprietary equipment, catalysts, and technical services. The project is based on HydroFlex technology, which produces renewable fuels such as gasoline, diesel and sustainable aviation fuel, from all renewable feedstocks, according to the release. (Source: Haldor Topsoe, Energy Global, 29 Jan., 2020) Contact: Haldor Topsoe, Henrik Rasmussen, VP, www.topsoe.com; HollyFrontier Corp., George John Demiris, CEO, Craig Biery, Inv. Relations, 214-954-6510, www.hollyfrontier.com

More Low-Carbon Energy News Haldor Topsoe,  HollyFrontier,  Renewable Fuel,  

HollyFrontier
Date: 2019-12-11
In the Lone Star State, Dallas-based independent petroleum refiner and marketer HollyFrontier Corporation reports it will construct a new 125-million gpy renewable diesel (RD) from soybean oil and other feedstocks unit at its Artesia, New Mexico refinery (Navajo Refinery). The company expects renewable diesel production to generate 600,000 LCFS credits in its first year.

The RDU project, corresponding rail infrastructure and storage tanks, is estimated to come in at $350 million upon completion in Q1, 2022.

HollyFrontier owns and operates refineries in Kansas, Oklahoma, New Mexico, Wyoming and Utah and markets its refined products principally in the Southwest US, the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states. (Source: HollyFrontier, PR, 9 Dec., 2019) Contact: HollyFrontier Corp., George John Demiris, CEO, Craig Biery, Inv. Relations, 214-954-6510, www.hollyfrontier.com

More Low-Carbon Energy News HollyFrontier,  Renewable Diesel ,  

HollyFrontier
Date: 2019-11-18
In the Lone Star State, Dallas-based independent petroleum refiner and marketer HollyFrontier Corporation is reporting a planned 125 million gpy renewable diesel unit (RDU) to process soybean oil and other renewable feedstocks into renewable diesel. This investment will provide HollyFrontier the opportunity to meet the demand for low-carbon fuels while covering the cost of our annual RIN purchase obligation under current market conditions.

The RDU, along with corresponding rail infrastructure and storage tanks, is estimated to have a total capital cost of $350 million, and is expected to be completed in Q1 of 2022. The RDU will be funded with cash on hand and is expected to generate an internal rate of return between 20 pct and 30 pct.

HollyFrontier owns and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming and Utah and markets its refined products principally in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states. (Source: HollyFrontier, PR, 18 Nov., 2019) Contact: HollyFrontier Corp., George John Demiris, CEO, Craig Biery, Inv. Relations, 214-954-6510, www.hollyfrontier.com

More Low-Carbon Energy News HollyFrontier,  Renewable Diesel ,