Continental Refinery of Kentucky Plans for Biodiesel Future
Hemisphere Ltd subsidiary Continental Refining Company (CRC) of Kentucky recently announced that it is considering a full conversion of its 5,500 barrel per day crude oil refinery in Somerset, Kentucky into a biodiesel production site. This refinery was permanently idled earlier this year and had been considered for outright redevelopment before this conversion plan materialized.
The company intends to invest approximately $25 million to purchase and install the proper equipment needed for biodiesel fuel production from locally sourced soybeans. CRC plans to process 3 million bushels annually into 5 million gallons per year of renewable ULSD with grades ranging from B6 to B100, along with some other types of soy-based products. If this plan does garner approval, CRC hopes to begin processing in October 2021.
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