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CVR's Wynnewood Refinery RD Production Delayed (Ind. Report)
CVR Energy
Date: 2021-05-07
Sugarland, Texas-headquartered CVR Energy reports its Wynnewood, Oklahoma, refinery is not expected to begin producing renewable diesel (RD) from soybean oil and similar feedstocks until late Q3 this year due to severe weather in February and equipment delivery delays. The project is expected to come in at $135 million to $140 million, up from earlier estimates of $110 million The unit was expected to start processing renewable diesel this July.

CVR is also exploring renewable diesel production at its 132,000 barrel-per-day Coffeyville, Oklahoma, refinery and the possibility of using biomass as a feedstock for its renewable projects. (Source: CVR, PR, Website, Reuters, 3 May, 2021)Contact: CVR Energy Inc., David Lamp., CEO, (281) 207-3200, www.cvrenergy.com

More Low-Carbon Energy News CVR Energy,  Renewable Diesel,  


CVR Energy Advancing OK Renewable Diesel Project (Ind. Report)
CVR Energy
Date: 2020-12-23
Sugarland, Texas-based CVR Energy Inc is reporting Board approval to advance work on a $110-million renewable diesel plant in Wynnewood, Oklahoma.

When commissioned and fully operational, the facility will produce almost 100 million gpy of renewable diesel and roughly 6 million gpy of renewable naphth and significantly lower the company's annual Renewable Identification Number (RIN) exposure under the Clean Air Act's Renewable Fuel Standard (RFS).

The use of RNG as a transportation fuel has reportedly increased 291 pct over the past 5 years, displacing close to 7.5 million tons of carbon dioxide equivalent (CO2e). That is the greenhouse gas emissions equivalent of driving 18.6 trillion miles in a typical passenger cat. It is the CO2 emissions equivalent of consuming 842 million gallons of gasoline. This equates to the total amount of fuel used by 63,171 transit buses every year, according to trade data(Source: CVR Energy, PR, 22 Dec., 2020) Contact: CVR Energy Inc., David Lamp., CEO, (281) 207-3200, www.cvrenergy.com

More Low-Carbon Energy News RINs,  CVR Energy,  Renewable Diesel,  


CVR Energy Considering Renewable Diesel Production (Ind. Report)
CVR Energy
Date: 2020-05-08
Reuters is reporting Sugarland, Texas-based CVR Energy Inc. is looking to convert certain units in its petroleum refineries to renewable diesel production (RNG) to reduce its exposure to the cost of renewable fuel credits (RINs) which it estimate will come in at roughly $65 million to $75 million in 2020.

The project, which would involve using excess hydrogen capacity and converting some desulfurization units for renewable diesel production, is still in its early stages, according to the company.

The use of RNG as a transportation fuel has reportedly increased 291 pct over the past 5 years, displacing close to 7.5 million tons of carbon dioxide equivalent (CO2e). That is the greenhouse gas emissions equivalent of driving 18.6 trillion miles in a typical passenger cat. It is the CO2 emissions equivalent of consuming 842 million gallons of gasoline. This equates to the total amount of fuel used by 63,171 transit buses every year, according to trade data. (Source: CVR Energy, Reuters 7 May, 2020) Contact: CVR Energy Inc., (281) 207-3200, www.cvrenergy.com

More Low-Carbon Energy News CVR Energy ,  Renewable Diesel,  RINs,  RNG,  


Court Disqualifies Recent RFS "Hardship" Waivers (Reg & Leg.)
Renewable Fuel Standard
Date: 2020-01-27
It is being widely reported that a U.S. appeals court has ordered the EPA to reconsider three recently issued Renewable Fuel Standard small refinery "hardship waivers" on the grounds that the refineries did not qualify for the waivers and their issuance was "flawed."

The U.S. Court of Appeals for the 10th Circuit dated Jan. 24 came after a coalition of biofuel industry groups had challenged the 2016 exemptions for Holly Frontier's Woods Cross and Cheyenne refineries, as well as CVR Energy's Wynewood refinery.

The court ruled the EPA overstepped its authority and errored in granting the waivers because the refineries had not received exemptions in the previous year. The court said the RFS is worded in such a way that any exemption granted to a small refinery after 2010 must take the form of an "extension".

As previously noted, "hardship waivers" were intended for refineries producing 75,000 bpd or less and suffered "disproportionate economic hardship" from the costs of RFS compliance. The waiver frees the refineries from an obligation to provide the EPA with biofuels credits proving compliance. Under the now vanquished administrator Greg Pruitt's direction, the EPA handed out 54 exemptions over two years and not a single request for an exemption was denied. (Source (Source: Successful Farming, Various Media, Reuters, 25 Jan., 2020)

More Low-Carbon Energy News RFS,  Renewable Fuel Standard,  "Hardship" Waiver,  

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