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SOURCE: Google Maps Imperial Oil Ltd. on July 28 announced work is underway to construct a renewable diesel facility at the company’s Strathcona refinery near Edmonton, Alberta. The 20,000-barrel-per-day project is expected to begin production in 2025. Company officials discussed the project during Imperial’s second quarter earnings call. Imperial first announced plans to construct a renewable diesel complex at its Strathcona refinery in mid-2021. The company announced its final investment decision in January 2023, indicating it would move ahead with the C$720 ($560 million) project. Imperial previously announced that the renewable diesel facility will use low-carbon hydrogen produced with carbon capture and storage (CCS) technology. The company in January said it has entered into an agreement with Air Products for the low-carbon hydrogen supply. Work was also underway earlier this year to develop agreements for feedstock supply. In its second quarter earnings release, Imperial confirmed that the renewable diesel project passed a significant milestone during the three-month period, noting that key contractors were mobilized to the project site in May to commence facility construction work. “We support Canada’s vision for a lower-emission future, and I am encouraged to see the work now underway to build Canada’s largest renewable diesel […]
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