Vertex Energy, Inc. (NASDAQ: VTNR) (“Vertex” or the “Company”), a leading specialty refiner and marketer of high-quality refined products, today announced that Vertex Refining Alabama LLC, the owner and operator of the Mobile Refinery, located in Mobile, Alabama, has filed its annual compliance report for calendar year (CY) 2022 under the U.S. Environmental Protection Agency’s Renewable Fuel Standard (RFS), in accordance with the December 1, 2023 filing deadline and satisfied its renewable volume obligation (RVO) for CY 2022.
The EPA previously extended obligated parties’ RFS compliance and attestation engagement reporting deadlines for CY 2022 from March 31, 2023, to December 1, 2023. Due to the off-cycle nature of this event, the Company is providing this update on its RFS compliance efforts with respect to the Mobile Refinery’s production of conventional gasoline and diesel fuel.
The Company reports that the Mobile Refinery has satisfied its RVO for CY 2022, and that Vertex Refining Alabama LLC now has the option to elect to carry its CY 2023 RVO to CY 2024. The anticipated deadline for the filing of the RFS annual compliance report for CY 2024 is March 31, 2025.