To contact the editor responsible for this story email us at editor@shipandbunker.com. Once the transaction closes, Vertex plans to convert the refinerys hydrocracking unit to produce more than 150 million gal/year of renewable diesel and byproducts by the end of 2022. FASTER Systems provides Court Accounting, Estate Tax and Gift Tax Software and Preparation Services to help todays trust and estate professional meet their compliance requirements.

Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov. Webthe theory of relativity musical character breakdown. carolinapalma@oleochemanalytics.com. Vertex owns a refinery in Mobile (AL) with an operable refining capacity of 75,000 barrels per day and more than 3.2 million barrels of product storage, positioning it as a leading supplier of fuels in the region. [HTTP_CDN_LOOP] => cloudflare

WebEquilon Enterprises LLC d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP, subsidiaries of Royal Dutch Shell plc (Shell), have reached an agreement for the sale of the Mobile Chemical LP Refinery in Mobile, AL, to Vertex Energy Operating LLC.Vertex Energy is a U.S. owned, Texas-based specialty refiner of alternative feedstocks and Vertex cannot guarantee future results, levels of activity, performance or achievements. Subsidiaries, Shell subsidiaries and Shell companies as used in this press release refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. May 27, 2021. It is located near the Gulf Coast; specifically, at the north end of Mobile Bay in Alabama. If successful, the new consortiumwhich includes researchers from Supporting Education, Louisiana students learn about science and careers in energy, Super Bowl-themed STEM events for students and teachers, Shell Promotes Youth Leadership in Louisiana, Tree Planting to Protect and Preserve the Natural Environment in our Community, View

The term Shell interest is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest. For renewable diesel offtake, Vertex plans to enter into a long-term agreement under which Idemitsu Apollo, a wholly owned California-based subsidiary of Idemitsu Kosan, will purchase 100% of the Mobile refinerys renewable diesel volumes. Located near the US Gulf Coast, at the north end of Mobile Bay in Alabama (AL), the refinery is designed to process approximately 90 000 barrels per day of crude oil and products that include LPG, diesel fuel, jet fuel, and gasoline. Equilon Enterprises LLC, d/b/a Shell Oil Products US, Shell Oil Company and Shell Chemical LP, subsidiaries of Royal Dutch Shell plc (Shell), have reached an agreement for the sale of the Mobile Chemical LP Refinery in Mobile, AL, to Vertex Energy Operating LLC (Vertex Energy). 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Directions. Array Vertex is also one of the largest processors of used motor oil in the U.S., with operations located in Houston and Port Arthur (TX), Marrero (LA), and Columbus (OH).

"The unanticipated disruption to our contractually mandated supply of crude oil, while negatively affecting third quarter throughput volumes, has once again proved our team's ability to respond to adverse events in a way that maximizes operational flexibility and economic value," stated Benjamin P. Cowart, President and CEO of Vertex, who continued, "By seizing the opportunity to accelerate significant maintenance on the facility, we believe we have further improved our position to fully capitalize on the continued strength in product margins throughout the typically seasonally strong fourth quarter, as our hedge position rolls off.". FASTER ASP Software is ourcloud hosted, fully integrated software for court accounting, estate tax and gift tax return preparation.

We may have used certain terms, such as resources, in this press release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. Alabama is among the top 17 producers of oil and among the top 16 producers of natural gas in the United States. June 3, 2021 Oleochem Analytics Equilon Enterprises, a subsidiary of Royal Dutch Shell, announced it has agreed to sell its 90,000 bbls/day Mobile Chemical Refinery in Alabama to Vertex Energy, a Texas-based specialty refiner of alternative feedstocks and marketer of petroleum products. These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader. Founded in 1989, we are the oldest company of our kind on the Gulf, From Business: Davison Fuels & Oil Inc is a locally owned and operated wholesale petroleum products distribution company who doesn't measure success by what we have, From Business: Davison Fuels & Oil, Inc. is one of the largest locally owned and operated wholesale distributors of fuel and lubricants in the Southeastern United States., From Business: McKinney Petroleum Equipment specializes in sales and service of petroleum, commercial and industrial equipment and systems. The consideration for this transaction is $75 million in cash plus the value of the hydrocarbon inventory, which currently ranges between$65- $85 million. Any future changes in these conditions, may materially impact the ability of Vertex to achieve the financial results set forth in the Projections. Energy From Deep Water, View The projected financial information contained herein should not be regarded as a representation or warranty by Vertex, its management, advisors, or any other person that the Projections can or will be achieved. StateEscape, View The Projections are based on numerous assumptions, including realization of the operating strategy of Vertex; industry performance; no material adverse changes in applicable legislation or regulations, or the administration thereof, or generally accepted accounting principles; general business and economic conditions; competition; retention of key management and other key employees; absence of material contingent or unliquidated litigation, indemnity, or other claims; minimal changes in current pricing; static material and equipment pricing; no significant increases in interest rates or inflation; and other matters, many of which will be beyond the control of Vertex, and some or all of which may not materialize. The Mobile refinery has the optionality to run as a stand-alone refinery and is also capable of producing base oils and chemicals feedstock. The firm has signed a memorandum of understanding with PETCO Trading Labuan Company seeking to deploy a zero-emission Aframax tanker. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as joint ventures and joint operations, respectively. The divestment is part of Shells strategy to reduce its global refinery footprint to core sites integrated with the companys trading hubs, chemicals plants and marketing businesses. [HTTP_X_FORWARDED_PROTO] => https Excluding the impact of The unaudited information presented in this press release is based on preliminary results and management's estimates and is inherently uncertain and subject to revision in connection with the Company's financial closing procedures and finalization of the Company's financial statements for its third quarter of 2022.

Vertex Energy Inc. Tuesday said it had completed mechanical work on a renewable diesel unit at its Mobile, Ala., refinery and expects to begin producing the biofuel within the "coming weeks.". [HTTPS] => on These high-value Energy and Chemicals parks will produce more low-carbon fuels and specialty chemicals for our customers. Shell is one of America's leading energy companies with interests in 50 states employing more than 12,000 people. Regular gasoline and diesel fuel (Grade 62) are marketed to the northeastern United States via the Colonial Pipeline using the company's connection at Moundville, Alabama. Entities over which Shell has significant influence but neither control nor joint control are referred to as "associates". In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release. Energy and Innovation, View WebAlabama Bulk Terminal Co is a Oil refinery located at 195 Cochrane Cswy, North Industrial Area, Mobile, Alabama 36602, US. Each forward-looking statement speaks only as of the date of this press release, May 26, 2021. Shell's U.S. portfolio of operated companies and interests consists of oil, natural gas, petrochemicals, gasoline, lubricants, and other refined products along with renewables such as wind, solar, and mobility options like electric vehicle charging and hydrogen. Other important factors that may cause actual results and outcomes to differ materially from those contained in the forward-looking statements included in this communication are described in the Company's publicly filed reports, including, but not limited to, the Company's Annual Report on Form 10-K for the year ended December 31, 2021, and the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2022 and future Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Vertex Energy is extending its US Gulf marine fuel supply agreement with Bunker One to cover the Mobile, Alabama refinery after buying the plant from Shell.

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Vertex expects to source renewable feedstock through a multiyear agreement with Synergy Supply and Trading, a subsidiary of Bunker Holding Group, and potentially from the companys planned Myrtle Grove pretreatment facility in Belle Chasse, Louisiana.



WebVertex Energy will acquire an oil refinery in Mobile, Alabama and produce renewable diesel. Benjamin P. Cowart, Chief Executive Officer and Chairman of the Board at Vertex Energy, talks with BIC about Vertex Energy purchasing Shell's Mobile, Alabama refinery. The refinery is designed to process 2023 Argus Media group. The Shell App, View These supply issues resulted from third-party disruptions, impacting Vertex's supplier's ability to fulfill its contracted supply mandate for water-borne crude oil (which have since been resolved).

The state has developed some of the most stringent environmental regulations regarding drilling in its offshore waters. - Vertex to acquire 100% of Mobile Chemical LP Refinery - Transforms Vertex into a Leading Independent Refiner of Renewable and Conventional Products - Multi-phase Renewable Diesel Project to Drive Superior "Clean Refining" Economics - Anticipate $3 billion in Annual Revenue and more than $400 million in Gross Profit by Year-End Exclusive drilling forecast data, by state, country and region.

Certain of the matters discussed in this communication which are not statements of historical fact constitute forward-looking statements within the meaning of the securities laws, including the Private Securities Litigation Reform Act of 1995, that involve a number of risks and uncertainties. The company in May 2021 announced it had entered into a definitive agreement to acquire the Alabama refinery



It also produces low-sulfur VGO/Heavy Olefin Feed and Benzene. The Mobile refinery, which Vertex acquired from Shell plc in April 2022, can process 75,000 b/d of feedstock and includes 3.2 million bbl of storage. April 4, 2022. Ways to Pay, View StateEscape, View Entities over which Shell has significant influence but neither control nor joint control are referred to as associates. HOUSTON, TX / ACCESSWIRE / April 1, 2022 / Vertex Energy, Inc. (NASDAQ:VTNR) ("Vertex" or the "Company"), a leading specialty refiner and marketer These high-value Energy and Chemicals parks will produce more low-carbon fuels and specialty chemicals forits customers. Vertex also owns a facility, Myrtle Grove, located on a 41-acre industrial complex along the Gulf Coast in Belle Chasse, LA, with existing hydroprocessing and plant infrastructure assets, that include nine million gallons of storage.

Receive daily email alerts, subscriber notes & personalize your experience. YP - The Real Yellow PagesSM - helps you find the right local businesses to meet your specific needs. YP advertisers receive higher placement in the default ordering of search results and may appear in sponsored listings on the top, side, or bottom of the search results page. The Mobile Aluminum Refining Plant is a processing plant. Three catalysts may be setting up Vertex Energy VTNR for a strong 2023, Rational Expectations writes in an analysis published on Seeking Alpha. Production in 2021 fell to 4.3 million barrels, the lowest level since the 1950s. Shell Fuels, View Shell in the Community, Shell Joins the United Negro College Fund Walk for Education, Shell fuels meals on wheels in Houston to fight hunger, The Shell Houston Open, Legacy and Impact, Beginning Houstons Resilience Journey with 100 Resilient Cities, View Shell Trading US Company, Shell Trading (US) Company- Lease Administration, View Copyright 2023 Inspectioneering, LLC. Alabama has three petroleum refineries with a combined processing capacity of about 141,000 barrels of crude oil per calendar day. Owners 1 Records. It has received 5 reviews with an average rating of 3.4 stars. The reduced estimated throughput volumes for the quarter, versus the Company's previously communicated guidance, reflect management's decision to accelerate significant planned maintenance following recent and temporary crude supply issues. No. A hearing has been scheduled at Singapore's High Court on April 3-6 relating to IPP's collapse in 2019. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. Subsidiaries of Royal Dutch Shell plc (NYSE: RDS.A) have reached an agreement for the sale of the Mobile Chemical LP Refinery in Alabama to Vertex Energy Operating LLC. The deal covers the sale of the refinery and associated co-located logistics infrastructure, including product racks, an associated dock, and the Blakeley Island Terminal.

195 Cochrane Cswy Mobile AL 36602. YP, the YP logo and all other YP marks contained herein are trademarks of YP LLC and/or YP affiliated companies. The East Gulf Coastal Plain of the Atlantic Plain characterize the geomorphology of the surrounding area. [REDIRECT_HTTPS] => on The content of websites referred to in this press release does not form part of this press release.

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