Restaurant Closures Impact Growth Of Renewable Hydrocarbon Fuels

Refiners such as HollyFrontier Corp., Valero Energy Corp., Phillips 66 and Marathon Petroleum Corp. are spending millions to reduce carbon emissions by converting their existing facilities to process discarded fats such as cooking grease rather than crude oil to produce renewable hydrocarbon fuels.

Unfortunately, restaurant closures and less people eating out due to the coronavirus are causing shortages of discarded fats which may impact renewable hydrocarbon fuels growth.

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