U.S. markets open in 8 minutes
  • S&P Futures

    3,843.50
    +15.50 (+0.40%)
     
  • Dow Futures

    31,360.00
    -11.00 (-0.04%)
     
  • Nasdaq Futures

    12,948.75
    +117.00 (+0.91%)
     
  • Russell 2000 Futures

    2,203.20
    +3.20 (+0.15%)
     
  • Crude Oil

    62.46
    -1.07 (-1.68%)
     
  • Gold

    1,759.80
    -15.60 (-0.88%)
     
  • Silver

    26.92
    -0.76 (-2.76%)
     
  • EUR/USD

    1.2130
    -0.0056 (-0.46%)
     
  • 10-Yr Bond

    1.4670
    -0.0510 (-3.36%)
     
  • Vix

    27.52
    +6.18 (+28.96%)
     
  • GBP/USD

    1.3973
    -0.0040 (-0.28%)
     
  • USD/JPY

    106.3330
    +0.1030 (+0.10%)
     
  • BTC-USD

    46,302.05
    -5,267.83 (-10.21%)
     
  • CMC Crypto 200

    925.95
    -7.19 (-0.77%)
     
  • FTSE 100

    6,542.97
    -108.99 (-1.64%)
     
  • Nikkei 225

    28,966.01
    -1,202.26 (-3.99%)
     

HollyFrontier to convert petroleum refinery into renewable diesel plant

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

June 1 (Reuters) - HollyFrontier Corp said on Monday it would convert its petroleum refinery located in Cheyenne, Wyoming into a renewable diesel production plant, as it looks to expand its renewables business.

The conversion will result in the company ceasing petroleum refining and reducing the workforce at the refinery, HollyFrontier said in a statement. (Reporting by Shanti S Nair in Bengaluru; Editing by Shinjini Ganguli)