Vertex Energy Reports Commercial Production Of Renewable Diesel And Entry Into Working Capital Facility For Renewable Diesel Business
Portfolio Pulse from Benzinga Newsdesk
Vertex Energy announced the start of commercial production of renewable diesel and has entered into a working capital facility for its renewable diesel business. The company aims to expand its renewable diesel production capacity.
May 31, 2023 | 10:02 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Vertex Energy has started commercial production of renewable diesel and entered into a working capital facility for its renewable diesel business, which could boost its revenues and growth.
The news of Vertex Energy starting commercial production of renewable diesel and securing a working capital facility for its renewable diesel business is positive for the company. This development could lead to increased revenues and growth, as it expands its renewable diesel production capacity. As a result, the stock price is likely to go up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100