HollyFrontier Enjoys Petroleum Demand Revival, Puts Muscle into Renewable Diesel

HollyFrontier Enjoys Petroleum Demand Revival, Puts Muscle into Renewable Diesel

HollyFrontier Enjoys Petroleum Demand Revival, Puts Muscle into Renewable Diesel


Attachment: HollyFrontier2Q21

SUGAR LAND--August 4, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Strong refining margins, particularly in the central and western U.S., bolstered HollyFrontier Corporation (NYSE:HFC) (Dallas, Texas) in the second quarter as it rode a wave of refined-product demand while broadening its role in the renewable diesel market. Pending stockholder and regulatory approvals, the company plans to acquire the refining and pipeline arm of one of its competitors and form new a company, HF Sinclair Corporation, by mid-2022. Industrial Info is tracking $1.35 billion worth of active projects from HollyFrontier, more than half of which is attributed to projects under construction.

Within this article: Details on some of HollyFrontier's highest-valued projects, including its two most anticipated renewable diesel developments and those associated with the pending acquisitions.

Other companies featured: Holly Energy Partners LP (NYSE:HEP), Plains All American Pipeline (NASDAQ:PAA) and The Sinclair Companies.

Subscribe Now!(All Fields Required)

Subscription Type:

  • Pay-Per-Article - $5.95
  • Annual Premium News Subscription - $365.00
Pricing Help?