Imperial Oil gives OK to $720M renewable diesel project near Edmonton | 24CA News
Imperial Oil Ltd. says it’s going forward with a $720-million venture to construct a renewable diesel facility at its Strathcona refinery close to Edmonton.
The venture, first introduced in August 2021, is predicted to provide 20,000 barrels per day of renewable diesel as soon as it’s full.
The Calgary-based firm says a good portion of the manufacturing will likely be despatched to British Columbia to help the province’s plan to decrease carbon emissions.
Imperial says it additionally plans to make use of renewable diesel in operations as a part of its emission discount plans.
Renewable diesel manufacturing is predicted to start out in 2025.
Imperial says the venture is predicted to create about 600 direct development jobs.
