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KM Financial Solutions | UPDATE 4-U.S. refiner PES pins bankruptcy plan hopes on biofuel costs
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UPDATE 4-U.S. refiner PES pins bankruptcy plan hopes on biofuel costs

21 Jan UPDATE 4-U.S. refiner PES pins bankruptcy plan hopes on biofuel costs

Posted at 22:25h 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 get out of bankruptcy hinges on whether it can shed
existing biofuel costs under the country’s renewable fuel laws.

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