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Stock impact report

Rosedale refinery begins commercial operation [Yahoo! Finance]

GLOBAL CLEAN ENGY HLDGS (GCEH) 
Company Research Source: Yahoo! Finance
Long Beach-based Global Clean Energy Holdings Inc. said its Bakersfield Renewable Fuels Facility is now producing about 6,000 barrels per day of renewable diesel — significantly below its design capacity, as is common with refinery starts — as well as renewable propane and renewable butane. Friday's announcement opens a new chapter for a sprawling plant that has proved vexing for a series of owners going back well over a decade. While Global is using only the southern portion of the refinery, for now, its pursuit of renewable diesel production despite engineering and financial problems places it in alignment with California's push for ever-cleaning energy. "I am incredibly proud of our talented team, whose dedication over the past several years has made this achievement possible," President and CEO Noah Verleun said in a news release. There was no definitive word on what feedstocks the refinery is currently using to produce fuel at the plant, which was redesigned to run on a va Show less Read more
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