Imperial is moving forward with plans to contract a world-class renewable diesel complex at its Strathcona refinery near Edmonton, Alta.
The new complex is expected to produce more than 1 billion litres of renewable diesel per year, from locally sourced and grown feedstocks. The project is expected to realize about 3 million tonnes per year in emissions reductions in the Canadian transportation sector.
Brad Corson, president and chief executive officer of Imperial, says they are excited to announce their plans to “build the largest renewable diesel manufacturing facility in Canada.”
“This world class facility will be a significant value-generating, forward-looking project that brings together our propriety technologies and refining scale to the benefit of the environment, the economy, and local job creation,” Corson says. “[The] announcement further demonstrates Imperial’s commitment and support for Canada’s transition to lower-emission fuels, as well as Canada’s ambition to achieve net zero by 2050.”
Imperial is currently in partnership discussions with government and industry, including the governments of Alberta and British Columbia, who have agreed to support this project with an agreement under Part 3 of its low-carbon fuel legislation.
According to Imperial, a final investment decision will be based on several factors, including government support and approvals, market conditions, and economic competitiveness. The project is expected to create about 600 direct construction jobs, along with hundreds more through investments by their business partners.
Renewable diesel production is anticipated to start in 2024.