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A portion of the oil refined by Monroe Energy will come from synthetic feedstock converted from waste plastic, under an agreement announced last week with Agilyx, an environmental technology and development company. Under the agreement, Agilyx will supply about 2,500 barrels per day of the synthetic feedstock by 2020. "The ...
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Delta Air Lines and its Monroe Energy subsidiary are working with Barclays and Jeffries to explore opportunities to form a joint venture with the Trainer refinery to further enhance the benefits that the refinery provides to Delta's fuel operation. Under any potential joint venture Delta expects to retain an ownership ...
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Delta has once again proved the skeptics and naysayers wrong, according to a story in The Motley Fool, “Delta’s Refinery Bet is Finally Paying Off.” Delta acquired the Trainer refinery facility in Trainer, Pa., in 2012 as a means to hedge against Delta’s exposure to refining margins and to provide ...
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Monroe Energy Plant - aerial view