November 18, 2019 / 11:49 AM / 21 days ago

HollyFrontier to build renewable diesel unit, buy back shares

Nov 18 (Reuters) - U.S. refiner HollyFrontier Corp. said on Monday it would build a renewable diesel unit (RDU) and announced a $1 billion share buyback program.

HollyFrontier plans to build the unit at its Artesia refinery in New Mexico with production capacity of about 125 million gallons a year and allow it to process soybean oil and other feedstocks into renewable diesel. (Reporting by Arunima Kumar in Bengaluru; Editing by Anil D’Silva)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below