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KM Financial Solutions | UPDATE 1-U.S. refiner PES says bankruptcy plan hinges on biofuel costs
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UPDATE 1-U.S. refiner PES says bankruptcy plan hinges on biofuel costs

21 Jan UPDATE 1-U.S. refiner PES says bankruptcy plan hinges on biofuel costs

Posted at 15:56h in News by
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NEW YORK, Jan 22 (Reuters) – Philadelphia Energy Solutions,
owner of the largest U.S. East Coast refinery, said on Monday
its plan to emerge from bankruptcy hinges on whether it can shed
existing biofuel obligations under the country’s renewable fuel
laws.

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