Vertex Energy Inc.

Based in Texas, US, and founded by Benjamin Cowart (CEO and Chairman) in 2001, Vertex Energy Inc. operates as an energy transition company specializing in renewable and conventional fuels. In February 2022, the firm raised USD 125 million led by investors Whitebox Advisors LLC, Blackrock Diversified Private Debt Fund Master LP, Chambers Energy Management, LP, CrowdOut Capital LLC, etc. The firm is trading under NASDAQ stock exchange under the ticker symbol VTNR.

The company offers clean energy transition, contributing to the reduction of carbon emissions through its refining technologies and strategic positioning of logistically efficient operations. Vertex offers refining, renewable energy, and recovery services. Under its refining operations, the company owns and operates strategic refining assets in the Gulf Coast. The business has refining sites in Alabama, US, called Vertex Refining Alabama LLC Mobile site producing primary products such as conventional diesel, jet fuel, vacuum gas oil, and gasoline, and in Los Angeles, called Vertex Refining LA, LLC producing primary products such as vacuum gas oil, condensate, and asphalt extender.

Additionally, under its collection, re-refining, recycling, and recovery services Vertex offers oil recycling and refining operations on the Gulf Coast for used motor oil, used oil filters, antifreeze, oily absorbents, and industrial oils, with logistical reach throughout the US. Furthermore, the firm has a fleet of vacuum, pump, specialized transport vehicles, and receiving capabilities of over thirty thousand gallons annually of distressed products along with its integrated facilities to re-refine, recycle, or recover material and energy use for additional life cycles.