CVr Energy hedges bets as it focuses on renewable diesel

摘要

New York—Small Midwestern refiner CVR Energy has embarked on its plan to make renewable diesel at its two Midwest refineries, taking advantage of tax credits and lowering RINs costs in a period of weak refining margins. The initial step is conversion of the 18,700 b/d hydrocracker at its 74,500 b/d Wynnewood, Oklahoma, refinery to renewable diesel service. But the conversion will not stop CVR from reverting to hydrocarbon processing when economics warrant.