Americas News
AMERICAS: Vertex Energy ‘well positioned’ ahead of IMO 2020
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- Written by Rhys Berry
‘Within the diesel market, a spread decline in 3% high sulphur fuel oil prices ahead of IMO 2020 has contributed to a robust distillate crack spread, helping to support favourable economics at [our] Marrero [refinery], where more than 80% of our volumes are middle distillates sold to the marine fuel market,’ says CEO, Benjamin Cowart.