Exclusive: Biofuels company proposes to buy fire-damaged Philadelphia refinery
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PHILADELPHIA (Reuters) - A biofuels producer said on Thursday it is proposing to acquire the fire-damaged Philadelphia Energy Solutions refinery and convert it to make renewable diesel and jet fuels.S.G. Preston Co is the first company to identify itself as a potential buyer of the refinery, the oldest and largest on the East Coast. PES's owners halted production at the 335,000 barrel-per-day refinery and put the 1,300-acre (526-hectare) facility up for sale after a June fire damaged one of its..