HomeNewsImperial Approves $720 million for Largest Renewable Diesel Facility in Canada

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Imperial Approves $720 million for Largest Renewable Diesel Facility in Canada

1/26/2023

Imperial Oil - Press Release    Facility expected to produce more than 1 billion litres per year, or 20,000 barrels per day, of renewable diesel Renewable diesel has potential to reduce annual greenhouse emissions by about 3 million tonnes compared to conventional fuels Project to supply British Columbia in support of province’s plan to reduce greenhouse gas emissions   CALGARY, Alberta--(BUSINESS WIRE)-- Imperial (TSE: IMO, NYSE American: IMO) said today it will further help Canada achieve its net zero goals by investing about $720 million (USD $560 million) to move forward with construction of the largest renewable diesel facility in the country. The project at Imperial’s Str

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