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Oil Refiners Boost Biofuel and Petrochemical Production

Refiners have started to produce growing volumes of cleaner fuels and petrochemicals, betting on the next big drivers of global fuel and chemical demand, as consumption growth of conventional transportation fuels has weakened. Due to the pivot to fuels from renewable feedstocks and increased petrochemical volumes, refiners have raised demand for catalysts and additives to process renewable feedstocks such as cooking oil.

“What we see is alternative feedstocks, the blending in of some components with biomass background at refineries in the…

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