By OGJ editors
HOUSTON, May 24 -- Holly Corp., Dallas, has joined Endicott Biofuels LLC, Houston, to build a 2,000 b/d biodiesel plant in Port Arthur, Tex.
“This joint venture will assist Holly in meeting its biofuel obligations under the federal renewable fuel standard,” said George Damiris, Holly senior vice-president for supply and marketing.
The joint venture, called Sabine Biofuels LLC, will use Davy technology, licensed to Endicott Biofuels in North America, to convert inedible, renewable fats or oils in any proportion to high-quality biodiesel.
Holly subsidiaries operate a 100,000 b/sd refinery in Artesia, NM; a 125,000 b/sd refinery in Tulsa; and a 31,000 b/sd refinery in Woods Cross, Utah.
Holly shareholders are to meet June 28 to vote on a proposal to merge the company with Frontier Oil Corp., Houston. Frontier operates refineries in El Dorado, Kan., and Cheyenne, Wyo., with total capacity of 177,000 b/d (OGJ, Feb. 28, 2011, Newsletter).