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Badger Licensing is fully owned by Technip Energies since spinning off from TechnipFMC in February 2021.

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Under present clean-fuel regulations, specifically Mobil Source Air Toxics II (MSAT II), US refiners must reduce the benzene content in gasoline to 0.62 vol% on an average annual basis. This rule went into effect Jan. 1, 2011, for large refiners; small refiners received deferments until 2015.
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