U.S. petrochemical manufacturers are at the forefront of research and development into cutting-edge solutions to give new life to used plastic products. Leveraging their in-depth understanding of plastics’ molecular composition and the manufacturing process itself, AFPM members are investing in recycling technology, infrastructure and partnerships that will reduce mismanaged plastic waste by applying unlocking its value as a feedstock.
Refineries are not the story when it comes to retail gasoline prices. Raw materials (in this case crude oil) account for the biggest share of the final price consumers pay.
Coronavirus developments are front of mind for everyone, including the staff at AFPM. We took a moment to speak with Jeff Gunnulfsen, senior director, security and risk management, about industry preparedness for the pandemic.
Building on decades of broader efforts alongside automakers to advance fuel-efficient technologies and vehicles, refiners are leading the effort to transition the U.S. to high-octane gasoline.
WASHINGTON, D.C. – AFPM President and CEO Chet Thompson today issued the following statement in response to the Trump Administration’s decision not to appeal the 10th Circuit ruling that would effectively end the small refinery relief program established by Congress under the Renewable Fuel Standard.
WASHINGTON, D.C. – President Trump and Commerce Secretary Wilbur Ross are being urged by some to intervene in the energy market and limit refiners’ access to globally sourced crude.
WASHINGTON, D.C. – AFPM President and CEO Chet Thompson issued the following statement on the agreement finalized today to end the OPEC+ oil price war.
Last night, the Governors of Texas, Wyoming, Oklahoma, and Utah joined the Governor of Louisiana in requesting that EPA exercise its general waiver authority to reduce Renewable Fuel Standard obligations to prevent severe economic harm to their states.