CVR Ramps Up Production at Wynnewood, Considers Shift to SAF
11.04.2023 By Tank Terminals - NEWS

November 2, 2023 [Biodiesel Magazine]- CVR Energy Inc. processed a record volume of renewable feedstock at its Wynnewood refinery in Oklahoma during the fourth quarter. The facility’s feedstock pretreatment unit is nearing mechanical completion and CVR is continuing to evaluate the possibility of producing sustainable aviation fuel (SAF).

 

David Lamp, CEO of CVR Energy, discussed both the existing Wynnewood renewable diesel project and the potential for other renewable diesel and SAF projects during a third quarter earnings call, held Oct. 31.

According to Lamp, the Wynnewood renewable diesel unit processed nearly 24 million gallons of vegetable oil feedstock during the third quarter. Dane Neumann, chief financial officer at CVR, said total renewables throughput for the fourth quarter is expected to be in the range of 15 million gallons to 20 million gallons.

Construction on the feedstock pretreatment unit at the Wynnewood facility is progressing well and expected to be mechanically complete in the fourth quarter, Lamp said. He also noted that CVR is continuing to explore opportunities to modify the renewable diesel unit at Wynnewood to shift a portion of production from renewable diesel to SAF. That includes continuing discussions with various parties interested in securing an offtake of SAF, Lamp added.

In addition to the Wynnewood renewables project, CVR is also considering the development of a potential renewables project with an option for SAF at its Coffeyville refining complex in Kansas. According to Lamp, CVR’s board recently authorized spending for scope definition and a detailed cost estimate, which will allow the company to have more in-depth discussions with potential partners.

 

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Pakistan, China Likely to Sign MoU on Petrochemical Refinery Next Month
05.18.2024 - NEWS
May 18, 2024 [Geo News]- During Prime Minister Shehbaz Sharif’s visit to Beijing in June, the g... Read More
Stena Oil’s New Terminal in Frederikshavn Officially Opened
05.18.2024 - NEWS
May 18, 2024 [Stena Oil]- On Tuesday, May 14th, Stena Oil’s new terminal in Frederikshavn was i... Read More
Axalta to Acquire the CoverFlexx Group, a Leading Aftermarket Coatings Business Focused on Economy Customers in North America
05.17.2024 - NEWS
May 17, 2024 [Axalta]- Axalta Coating Systems (NYSE: AXTA), a leading global coatings company, to... Read More
Airport Operator Groupe ADP Invests $20 Million in Sustainable Aviation Fuel Provider LanzaJet
05.17.2024 - NEWS
May 17, 2024 [ESG Today]- Sustainable aviation fuel (SAF) technology and production company Lanza... Read More