Delek's (DK) Refinery to Pioneer DOE Carbon Capture Project [Yahoo! Finance]
Delek US Holdings, Inc. (DK)
Last delek us holdings, inc. earnings: 2/25 04:15 pm
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delekus.gcs-web.com/investor-overview
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Source: Yahoo! Finance
Energy Demonstrations has selected Delek US Holdings DK for a pioneering carbon capture pilot project at its Big Spring refinery. This DOE initiative, providing a substantial 70% cost-share for up to $95 million in federal funding, aligns with the national commitment to curb greenhouse gas emissions. The company sees the development as a recognition of the refinery's competitive strength, operational prowess, and the broader potential inherent in its assets. Delek also acknowledged the pivotal role of carbon capture in decarbonizing challenging industrial sectors, asserting that the project will position it as a frontrunner in the ongoing energy transition. The project, leveraging Svante Technologies Inc.'s cutting-edge carbon capture technology, is focused on the refinery's fluidized catalytic cracking unit (“FCCU”). Despite the transformative nature of this endeavor, Delek US strategically plans to uphold existing production capabilities and turnaround schedules. Projections for
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DK
Earnings
- 2/27/24 - Miss
DK
Sec Filings
- 5/2/24 - Form 8-K
- 5/2/24 - Form 8-K
- 4/9/24 - Form 4
- DK's page on the SEC website