U.S. refiner Delek idled three of its biodiesel plants during the second quarter.
The decision to idle the Crossett, Arkansas, Cleburne, Texas and New Albany, Mississippi biodiesel facilities was “driven by the decline in the overall biodiesel market and aligns with our continued operational and cost optimization efforts,” the company said.
Chevron shut down two plants earlier this year, while Vertex Energy pivoted away from renewable diesel production and back to fossil-based fuel.
Denmark-based Arcadia eFuels will use the investment from SWEN Capital Partners to develop multiple eFuels production sites.
PCC Hydrogen CEO Tim Fogarty made the case for ethanol as a hydrogen carrier at the Fuel Ethanol Workshop & Expo in Minneapolis this week.
FFI has invested $24m to acquire the Phoenix Hydrogen Hub from an affiliate of Nikola.
Mitsubishi Power Americas and its JV partners are preparing to raise additional equity for the ACES Delta project in Utah, as well as for other hydrogen developments in the Americas.
A developer of green hydrogen for e-fuel products is looking for a more diverse set of backers for a recently launched Series C capital raise.
Advisors selling up to 50% of the company’s US onshore renewables platform are pitching the value-enhancing potential of green hydrogen development in the process.
