January 15, 2020
Volume 3 Issue 3
Vertex Energy Inc. completed a pilot test program in December required to proceed with phase two of its planned joint venture partnership with San Francisco-based investment firm Tensile Capital. The companies announced last July a JV to accelerate full development of Vertexs Heartland base oil rerefinery in Ohio, subject to a successful pilot test designed to validate a process by which used motor oil is converted into high purity base oil.
Early editions of the Jan. 8 article, ExxonMobil Expands Lubes Plant, incorrectly identified the facility undergoing expansion as an aviation lubricants plant that opened in 2016. A company spokesperson clarified that the ongoing expansion is taking place at a different facility, the Port Allen Lube Plant, which opened in 1990.