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A rush by U.S. fuel makers to recalibrate their plants to produce renewable diesel has created a supply glut for low-emissions biofuels, hammering profit margins for refiners and threatening to ...
HF Sinclair Corporation (HF Sinclair) is an energy company that manufactures and sells products such as gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, and specialty and modified asphalt, among others.
Sinclair also has marketed products such as Dino, Dino Supreme, and Opaline motor oils. Sinclair filling station along Idaho Street (Interstate 80 Business) near College Avenue in Elko, Nevada. In August 2021, HollyFrontier announced the acquisition of Sinclair Oil. A new company named HF Sinclair Corporation would be formed in 2022. Under the ...
HF Sinclair Corporation (NYSE:DINO) reported a third-quarter revenue decline of 19% year over year to $7.207 billion, beating the consensus of $6.833 billion. Adjusted EBITDA fell 74% YoY to $316 ...
HF Sinclair’s refinery produces three grades of gasoline, fuel oil, diesel fuel, propane and butane. This plant is currently the only refinery in Washington state unable to accommodate tight oil via rail. The permitting process is currently underway for the proposed 60,000 b/d unloading capacity of the East Gate Rail Project. [5]
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 ...
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Renewable diesel from vegetable oil is a growing substitute for petroleum. [13] California fleets used over 200 million US gallons (760,000 m 3 ) of renewable diesel in 2017. The California Air Resources Board predicts that over 2 billion US gallons (7,600,000 m 3 ) of fuel will be consumed in the state under its Low Carbon Fuel Standard ...