The company says the fuel has the potential to eliminate about three million tonnes of emissions per year, compared to conventional fuels From jefflagerquist
) says it will invest $720 million to advance its Strathcona renewable diesel facility near Edmonton.
Imperial projects renewable diesel production will begin in 2025. The company says hydrogen and biofeedstock will be combined with a proprietary catalyst to produce premium lower-carbon diesel fuel. The project was first announced in August 2021. "Imperial supports Canada's vision for a lower-emission future, and we are making strategic investments to reduce greenhouse gas emissions from our own operations and to help customers in vital sectors of the economy reduce their emissions," CEO and president Brad Corson said in a news release on Thursday.
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