

Hurricane Ida resulted in some downtime at our St.Ĭharles and Meraux refineries and the Diamond Green Diesel plant. We immediately deployed emergency teams and supplies after the storm to help our employees, their families, and the surrounding communities in the restoration and recovery effort. The affected facilities did not sustain significant damage from the storm. And once power and utilities were restored, the plants were successfully restarted. I'm very proud of our team's efforts and the ability to safely shut down and restart our operations. Despite the impacts of the hurricane, we also completed the Diamond Green Diesel expansion project, DGD 2, in the third quarter ahead of schedule and on budget and are in the process of starting up the new unit.


DGD 2 increases renewable diesel production capacity by 400 million gallons per year bringing DGD's total renewable diesel capacity to 690 million gallons per year. In addition, we successfully completed and started up the new Pembroke Cogeneration Unit in the third quarter, which is expected to provide an efficient and reliable source of electricity and steam and further enhance the refinery's competitiveness. Looking ahead, the DGD 3 project at our Port Arthur refinery continues to progress and is still expected to be operational in the first half of 2023. With the completion of this 470 million gallons-per-year plan, DGD's total annual capacity is expected to be 1.2 billion gallons of renewable diesel and 50 million gallons of renewable naphtha. The large-scale carbon sequestration project with BlackRock and Navigator is also progressing on schedule.
