Vertex Energy announces mechanical completion of renewable diesel unit

In Texas, Vertex Energy announced the successful mechanical completion of its transformational renewable diesel unit at the company’s Mobile, AL refining facility. The company anticipates total capital expenditures to be within the range of $110 to $115 million, in line with the currently established target budget. The company plans to begin production of its initial volumes of renewable diesel fuel in the coming weeks, in-line with prior expected timelines. Benjamin Cowart, CEO of Vertex, said: “Today marks a major milestone in our continued growth strategy. As we embark on the commissioning phase of this project, we are excited to offer fuel options that not only cater to current energy needs, promoting energy security and stability, but also contribute to a greener future by reducing carbon impacts and promoting environmentally sustainable alternatives.”

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