A biofuels producer said on Thursday it is proposing to acquire the fire-damaged Philadelphia Energy Solutions refinery and convert it to make renewable diesel and jet fuels. PES’s owners halted production at the 335,000 barrel-per-day refinery and put the 1,300-acre (526-hectare) facility up for sale after a June fire damaged one of its gasoline-producing units. The biofuels company would convert at least a portion of the plant to make renewable diesel, marine diesel and jet fuel.

source https://finance.yahoo.com/news/exclusive-biofuels-company-proposes-buy-210713847.html?.tsrc=rss