News Post
Renewable Diesel Project Picks-Up Support in Louisiana
Louisiana Governor John Bel Edwards and PBF Chalmette Refinery Manager Steven Krynski jointly announced that the concept of a renewable refinery conversion from an idled refinery unit at the Chalmette complex has begun the study process of progressing this renewable project.
PBF Energy is willing to make a capital investment of $500 million for the retrofitting of this unused hydrocracker that has been idle for over a decade. This project would produce renewable diesel from a feedstock of soybean oil, corn oil and animal fats if it does go forward. PBF hopes to make a final investment decision by the end of the year once tax incentives are fully clarified by the local government.
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