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Vertex Energy (NASDAQ:VTNR) said Wednesday it has started commercial production of renewable diesel at the former Shell refinery in Mobile, Alabama, and entered into a new working capital facility with Macquarie Group that will help it secure feedstock for renewal diesel production at the plant.
Vertex (VTNR) said startup procedures were completed last week after two weeks of downtime related to repairs on the feedstock pumping system.
The company said it expects to begin commercial sale of renewable diesel in June, after receiving required certifications from the U.S. Environmental Protection Agency for Renewable Identification Numbers.
In addition to renewable diesel, the 75K bbl/day refinery manufactures diesel, jet fuel, vacuum gasoil and gasoline.
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