delta air liness an oil refinery new york times in togo
- Use: edible oil
- Type: edible oil refinery line
- Production Capacity: 1TPD-1000TPD
- Model Number: 1st series Doing oil machinery
- Voltage: 380V
- Power(W): according to capacity
- Dimension(L*W*H): various with capacity
- Weight: changed with capacity
- Certification: CE and ISO
- Raw material: Vegetable Seed
- Product: to make crude oil or refined oil
- Solvent name: n-hexane
- Capacity: from 5T to 2000T oil machinery
- Oil content: about 40%
- Oil residues: less than 1%
- Function: getting oil or refined oil
- Manufacturing experience: 19 years experience in edible oil field
- Material of equipment: stainless steel and carbon steel
- Market: togo
Delta Air Lines readies refinery to process biofuels
Delta bought the Pennsylvania oil refinery 10 years ago in order to save money on jet fuel costs, the first-ever purchase of a refinery by an airline. The refinery is expected to start importing agricultural products such as soybean oil, which can be used to make a biomass-based diesel that satisfies federal blending requirements.
Delta Air Lines has emerged as a possible buyer for a ConocoPhillips refinery in order to cut its jet fuel costs, but running an oil refinery can be even tougher than running an airline.
Delta to buy oil refinery - Apr. 30, 2012
Delta said it intends to spend $100 million to convert the refinery's existing infrastructure in order to maximize jet fuel production. The site, it noted, offers easy access to New York airports
In April 2012, Delta Air Lines (Delta) announced it would purchase the mothballed Trainer oil refinery to hedge fuel price risk. Analysts and academics emphatically derided the move, stressing that Delta’s management was ill-equipped to oversee large scale refining operations. However, we show that debt- and
Delta Air Lines, Inc. - Delta Subsidiary to Acquire Trainer
ATLANTA, April 30, 2012 / PRNewswire / - Delta Air Lines (NYSE: DAL) wholly-owned subsidiary, Monroe Energy LLC, has reached agreement with Phillips 66 (NYSE: PSX-WI) to acquire the Trainer refinery complex south of Philadelphia. As part of the transaction, Monroe will enter into strategic sourcing and marketing agreements with BP (NYSE: BP) and Phillips 66. The acquisition includes pipelines
Sept 16 (Reuters) - Delta Air Lines Inc DAL.N plans to start receiving shipments of renewable fuel feedstocks at its Trainer, Pennsylvania, refinery as part of a strategy that could reduce its
Delta Air Lines targets motor fuels buyers in refinery deal
Delta Air Lines' <DAL.N> decision to offer a stake in its Monroe Energy oil-refining subsidiary is aimed at attracting a partner interested in snapping up Monroe's gasoline and diesel output, two
Delta Air Lines’ purchase of a refinery is being called an audacious defense against spiraling oil prices, but perhaps even bolder action is called for, given the stark U.S. East Coast energy
Delta Airlines Attempted to Get Into the Oil Industry
The New York Times. O’Toole, J. (2012). “Delta to buy oil refinery.” CNN Money. Levine-Weinberg, A. (2019). “Delta Air Lines’ Oil Refinery Just Became Way More Valuable.” The Motley Fool. Mouawad, J. (2012). “Refinery Gets a Look From Delta, Perplexing Analysts.” The New York Times. Reed, D. (2018).
In 2012, however, Delta Air Lines took a different tactic. Amid a high fuel price environment, it purchased an oil refinery. Delta purchases an oil refinery In June 2012, Delta Air Lines' wholly-owned subsidiary, Monroe Energy, acquired an oil refinery in Pennsylvania called the Trainer Refinery.
Does Delta Air Lines have a fuel refinery?
The rising cost of fuel is a concern for Delta Air Lines, but the Atlanta-based carrier enjoys a benefit few other airlines in the world can claim: Its own oil refinery. Delta will see a benefit of 20 cents per gallon of jet fuel from its refinery, which acts as a hedge against the spike in fuel.
Did Delta buy an oil refinery?
But for airlines, it is a headache ¡ª a big and unpredictable expense that confounds managers. So Delta Air Lines tried a bold experiment: It bought an oil refinery in 2012 outside Philadelphia, the first such purchase by a major U.S. airline.
What happened to Delta's refinery?
Delta¡¯s refinery, Monroe Energy, has been one of many casualties in an industry that is working well below capacity, idling plants and losing money. Monroe, in Trainer, Pa., lost $114 million in the second quarter, and its future appears bleak.
When will Delta get a jet fuel refinery?
The company said it expected the acquisition of the refinery to be completed in the first half of 2012. The airline said changes to the plant¡¯s infrastructure were to be completed by the end of the third quarter, when jet fuel production would begin. Delta estimated that its fuel savings this year would be more than $100 million.
