The renewable diesel plant will use low-carbon hydrogen produced with carbon capture and storage technology.
According to World Energy Trade, ExxonMobil reported that its subsidiary Imperial Oil will invest some $560 million to build Canada’s largest renewable diesel plant.
Site preparation and initial construction are already underway.
Production of renewable diesel is expected to start in 2025 and the project would create 600 direct construction jobs.
The project, which will take place at Imperial Oil’s Strathcona Refinery, will produce 20,000 barrels of renewable diesel per day.
This production will mainly be given with local raw materials.
In addition, it would help reduce greenhouse gas emissions from Canadian transportation by 3 million tonnes per year, in line with Canadian clean fuel regulations.
The facility is part of the company’s plans to invest approximately US$17 billion in emissions reduction initiatives through 2027.
“We continue to invest in Canada, where well-designed policies support technologies that reduce lifecycle emissions,” said Karen McKee, president of ExxonMobil Product Solutions.
Imperial’s renewable diesel plant will use low-carbon hydrogen produced using carbon capture and storage technology.
This is to help Canada meet low emission fuel standards.
It should be noted that Imperial has signed an agreement with Air Products for the supply of low-carbon hydrogen.
And it is developing agreements with other third parties for the supply of biological raw material.
Low-carbon hydrogen and biofeedstock will be combined with a patented catalyst to produce high-quality, low-emission diesel fuel
All will contribute to reducing greenhouse gas emissions from the transport sector compared to conventional fuels.
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