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KM Financial Solutions | Bankrupt Philadelphia refiner faces potential biofuel credit squeeze
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Bankrupt Philadelphia refiner faces potential biofuel credit squeeze

28 Jan Bankrupt Philadelphia refiner faces potential biofuel credit squeeze

Posted at 19:11h in News by
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NEW YORK, Jan 29 (Reuters) – Philadelphia Energy Solutions
faces a potential short squeeze in the niche renewable fuel
credit market if a U.S. bankruptcy judge denies the refiner’s
request to shed some $350 million in outstanding compliance
obligations, experts say.

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