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Vertex Signs Hydrogen Supply Agreement for Renewable Diesel Project

 Last Update: 2022-10-10
 Source: Internet
 Author: User

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Apex Energy has developed renewable diesel for its Mobile, Alabama-based development, according to a statement released Thursday by natural gas supplier Matheson Tri-State.

Apex Energy has acquired the refinery from Shell and completed the acquisition on April 1

Apex Energy plans to convert the refinery's hydrocracking unit to produce renewable diesel by the end of this year

Apex Energy said Denmark's Haldor Topsoe, which provides the renewable diesel process technology, will "lead the way in technology implementation"

Apex Energy said it has conducted preliminary design, engineering and procurement activities with contractor Worley

The company said the renovation would cost between $90 million and $100 million

Meanwhile, Apex Energy said on April 1 that refiners' margins on petroleum fuel production should remain high

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