More than $620 Million in U.S. Alternative Fuels Projects Affected by COVID-19
SUGAR LAND--June 3, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Just as some petroleum refineries have idled capacity for economic reasons caused by low fuel demand, so have some U.S. alternative fuels producers, including ethanol and biodiesel producers that rely on mandatory fuel-blending requirements to move their product. As fuel use increases as more people return to work, so should alternative fuels production.
In addition, Industrial Info is tracking more than $620 million in U.S. alternative fuels capital and maintenance project activity that has been delayed, placed on hold or otherwise affected by the coronavirus pandemic.
