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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.
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 ...
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 ...
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 ...
On June 1, 2006, U.S. refiners were required to produce 80% of their annual output as ULSD (15 ppm), and petroleum marketers and retailers were required to label [29] diesel fuel, diesel fuel additives and kerosene pumps with EPA-authorized language disclosing fuel type and sulfur content. Other requirements effective June 1, 2006, including ...
Renewable fuels are fuels produced from renewable resources. Examples include: biofuels (e.g. Vegetable oil used as fuel, ethanol, methanol from clean energy and carbon dioxide [1] or biomass, and biodiesel), Hydrogen fuel (when produced with renewable processes), and fully synthetic fuel (also known as electrofuel) produced from ambient carbon dioxide and water.
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]
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 ...