CVX Jun 2024 145.000 put

ART, a Chevron, Grace Joint Venture, Launches Catalyst System to Produce Renewable Diesel, Sustainable Aviation Fuel from 100% Renewable Sources

COLUMBIA, Md., July 25, 2023 (GLOBE NEWSWIRE) -- Advanced Refining Technologies LLC (ART), a joint venture of Chevron (NYSE: CVX) and specialty chemicals leader W. R. Grace & Co. (Grace), today launched ENDEAVOR™, a hydroprocessing catalyst solution to produce renewable diesel (RD) and sustainable aviation fuel (SAF) from 100% renewable sources, such as vegetable oils, refined oils, animal fats, and greases. The announcement comes against the backdrop of significant demand growth for renewable t