Web21. mar 2024 · A smoke stack at the Philadelphia Energy Solutions refinery in Philadelphia. The company is seeing growing objections to its plan to emerge from bankruptcy but is expected to resolve them. Web13. mar 2024 · By Jarrett Renshaw PHILADELPHIA (Reuters) - The U.S. Environmental Protection Agency's decision to grant a bankrupt Philadelphia refiner relief from biofuel laws drew criticism on Tuesday from the country's biofuels sector and its allies, who said it sets a bad precedent. The EPA and the Carlyle Group-backed Philadelphia Energy Solutions …
Real estate developer in $240 million deal to buy Philadelphia …
Web22. jan 2024 · Philadelphia Energy Solutions, the East Coast's oldest and largest oil refinery, said that it will file for Chapter 11 bankruptcy protection, as part of a structuring that includes $260 million in new financing from creditors and existing owners like The Carlyle Group. Current operations are not expected to be affected. Why it matters: The … Web12. feb 2024 · The refiner has fielded about a dozen separate objections to its bankruptcy plan by its unsecured creditors, the Environmental Protection Agency, Internal Revenue … new palestine indiana fireworks 2022
Refiner goes belly-up after big payouts to Carlyle Group
Web26. mar 2024 · A federal bankruptcy court on Monday approved a plan for Philadelphia Energy Solutions to exit bankruptcy by April 10 at the latest after creditors including the Commonwealth of Pennsylvania and ... Web16. jún 2024 · Company buying bankrupt Philadelphia Energy Solutions refinery promises 18,000 jobs in next 10 years StateImpact Pennsylvania Company buying bankrupt Philadelphia Energy Solutions refinery... Web10. sep 2024 · Sep 10, 2024. Philadelphia Energy Solutions paid out about $4.6 million in retention bonuses to eight key executives after a devastating June fire closed the giant Schuylkill River refinery complex, but before the company declared bankruptcy, court records show. Most of the payments were made on July 5, while PES was in the process … new paleontology discoveries 2020