SBR’s renewable diesel unit mechanically complete and feedstocks being introduced

In New Jersey, renewable diesel production unit of the SBR project is mechanically complete, turned over to operations, and the first feedstocks are being introduced in May. The pre-treatment unit remains under construction and is expected to be complete in June. Total projected capital costs for the SBR facility and related project infrastructure are expected to be in the $650 – $700 million range. Total project spend to date is approximately $544 million through the end of the first quarter of 2023.