Darling International and Valero Considering Forming a Joint Venture for Renewable Diesel
Green Car Congress
SEPTEMBER 17, 2009
Charles refinery near Norco, Louisiana. Darling and Valero will jointly seek a loan guarantee for the proposed joint venture from the US Department of Energy under the Energy Policy Act of 2005, which makes $8.5 ConocoPhillips suspended the project in fall 2008 due to the deteriorating economy and a loss of federal tax credits.
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