Vertex Energy Announces EPA Approval For Generation of D4 RINs

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Jun 14, 2023

Vertex Energy, Inc. (NASDAQ: VTNR) ("Vertex" or “the Company"), a leading specialty refiner and marketer of high-quality refined products, today announced that it has received approval from the Environmental Protection Agency ("EPA") for the generation of D4 Renewable Identification Numbers (“RINs”) credits under the federal Renewable Fuel Standard ("RFS"), for each gallon of renewable fuel produced at its refining facility located outside of Mobile, Alabama (the “Mobile Refinery”). Currently, the Company's Mobile Facility is producing approximately 5,500 barrels per day (“bpd”) with plans to increase toward the Phase I installed capacity target of 8,000 bpd, by the end of 2Q23, in-line with previously disclosed targets.