Imperial Oil to invest $720-million to construct renewable diesel facility in Canada

المملكة العربية السعودية أخبار أخبار

Imperial Oil to invest $720-million to construct renewable diesel facility in Canada
المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين
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The facility will use low-carbon hydrogen produced with carbon capture, storage technology and locally sourced feedstock, Imperial Oil said

said on Thursday that it plans to invest $720-million to construct a renewable diesel facility near its Strathcona refinery in Edmonton.

The facility will use low-carbon hydrogen produced with carbon capture, storage technology and locally sourced feedstock, the Canadian oil major said. Imperial said the project, first announced in August 2021, would produce 20,000 barrels of renewable diesel daily, while the production is expected to start in 2025.

The company, which has a deal with Air Products and Chemicals Inc for low-carbon hydrogen supply, said it is looking for third parties for bio-feedstock supply.Your Globe

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المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

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