Imperial Oil, ExxonMobil’s majority-owned affiliate, have announced a new complex which will utilise hydrogen with carbon capture and storage (CCS) to produce renewable diesel.
The complex, set to be complete in 2024, will be constructed at its Strathcona refinery in Edmonton, Canada and is expected to produce approximately 20,000 barrels of renewable diesel per day. This could reduce emissions in the Canadian transportation sector by about 3 million metric tons per year.
Ian Carr, President of ExxonMobil Fuels & Lubricants Company, said, “Canada’s proposed low-carbon fuel policies incentivize the development of lower-emission fuels that can make meaningful contributions to the hard-to-decarbonize sectors of the economy, including transportation.
“The Strathcona project is an example of how well-designed policies allow us to leverage our existing global facilities for capital efficiency, utilize our proprietary catalyst technology, and bring our decades of processing experience to develop low-emission fuels.”
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