HollyFrontier to build biodiesel plant
20.11.2019
MOSCOW (MRC) -- US refiner HollyFrontier Corp said it would build a biodiesel plant in New Mexico to lower costs related to blending renewable fuels and announced a USD1 billion share buyback program, as per Hydrocarbonprocessing.Oil companies, including refiners, have to blend increasing amounts of renewable fuels with their petroleum products or purchase credits, known as Renewable Ide