Oil refiners adding renewable feedstock to produce cleaner fuels, executives say
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 14 2025
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Should l Buy ?
Source: Reuters
Renewable Feedstocks in Oil Refining: Oil refiners are increasingly blending renewable feedstocks, like used cooking oil, into their processes to meet the demand for cleaner fuels, leading to a rise in the need for catalysts and additives to purify these bio-feedstocks.
Shift Towards Petrochemicals: Refineries are adapting to lower transportation fuel demand due to electric vehicles by focusing on producing more petrochemicals, with Bharat Petroleum planning to increase its petrochemical output significantly through a new refinery in Andhra Pradesh.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
