1930’s California oil refinery being repurposed to produce renewable diesel

The Alon Bakersfield Refinery, which dates back to 1932, has been sold to a subsidiary of Global Clean Energy Holdings, Inc. (OTC: GCEH), based in Torrance, California, U.S.A. The total cash consideration paid to Delek US Holdings, which owns Alon, was USD40 million. GCEH said the Alon Bakersfield Refinery will be repurposed to become a […]