Vertex Energy Announces Environmental Protection Agency Approval For Generation Of D4 RINs
Portfolio Pulse from Benzinga Newsdesk
Vertex Energy (NASDAQ: VTNR) has received EPA approval for generating D4 RINs credits under the Renewable Fuel Standard for its Mobile Refinery in Alabama. The facility currently produces 5,500 bpd with plans to increase to 8,000 bpd by 2Q23.
June 14, 2023 | 8:32 pm
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Vertex Energy's EPA approval for D4 RINs credits will boost its renewable fuel production and potentially increase revenue.
The EPA approval for D4 RINs credits directly impacts Vertex Energy's renewable fuel production capabilities. This will likely lead to increased production and sales, which can positively affect the company's revenue and stock price in the short term.
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