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Stock impact report

Power Solutions International Approves Use of Hydrotreated Vegetable Oil (HVO) in its Diesel Engine Line [Yahoo! Finance]

POWER SOLUTIONS INTL INC (PSIX) 
US:NASDAQ Investor Relations: investors.psiengines.com
Company Research Source: Yahoo! Finance
WOOD DALE, Ill., March 20, 2024 (GLOBE NEWSWIRE) -- Power Solutions International, Inc. (the “Company” or “PSI”) (OTC Pink: PSIX), a leader in the design, engineering and manufacture of emission-certified engines and power systems, is excited to announce its diesel engine line is now approved for the use of Hydrotreated Vegetable Oil (HVO). The approval is a significant step in PSI's efforts to offer more sustainable fuel options to its customers. HVO, a renewable and eco-friendly alternative to traditional diesel, is produced from waste sources, primarily residue oils and fats such as used cooking oil. These materials are kept out of the waste stream, resulting in a high-quality fuel with a significantly lower carbon footprint or environmental impact. Almost any diesel engine can run on the fuel without modification. PSI's diesel engines feature a reliable, durable design built off a robust marine platform and combine consistent performance and power density with minimum weight. Show less Read more
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