Cvr energy announces special dividend and advancement of renewable diesel initiatives

Sugar land, texas, may 11, 2021 (globe newswire) -- cvr energy, inc. (“cvr energy” or the “company”) (nyse: cvi) today announced that its board of directors (the “board”) has determined that the company will focus on renewable fuels and is no longer interested in acquiring another crude oil refinery. in connection therewith, the board approved expenditures of up to $10 million to progress its renewable diesel initiatives, including:
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