Parkland Corporation has announced plans to increase renewable fuel production at its Burnaby Refinery in British Columbia.
The Canadian company said this was one of the steps to advance its commercial decarbonisation strategy.
The company will build a stand-alone complex capable of producing approximately 6,500 barrels per day of renewable diesel.
Renewable fuels produced through these plans will have one eighth of the carbon intensity of conventional fuels.
"I applaud the Government of British Columbia for their vision and support of these innovative projects,” said Bob Espey, president and chief executive officer.
“This announcement advances our decarbonization strategy and our commitment to provide customers with low carbon choices which help them meet their environmental goals. Renewable fuels play a critical role in Canada’s climate ambitions by enabling customers to reduce their carbon footprint using their existing vehicle.”
"Parkland's plans to increase our province’s renewable fuel capabilities support our Clean BC targets," said Bruce Ralston, Minister of Energy, Mines and Low Carbon Innovation.
"This is a big step forward in our transition to a lower-carbon economy. Harnessing Parkland’s technical expertise and infrastructure to lower the environmental impact of our transportation is something we can be proud of. When combined with BC’s other sources of renewable power and efforts to electrify the passenger vehicle fleet, we continue to set the bar for Canada."
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