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Tag Archives renewable diesel

A view of Imperial Oil’s Strathcona fuel refinery from the North Saskatchewan River. (Imperial Oil photo via BusinessWire)
Canola, Crops, Machinery, Soybeans

Imperial Oil clears Edmonton renewable diesel plant for construction

Quick decision motivated in part by need for feedstocks such as canola oil, company says

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Reuters — Imperial Oil on Thursday announced approval for an investment of $720 million to build Canada’s largest renewable diesel facility at its Strathcona refinery near Edmonton. The Calgary-based company said the facility will produce 20,000 barrels per day of renewable diesel and is expected to start production in 2025. Imperial expects regulatory approval for […] Read more
(Bunge video screengrab via Vimeo)
Crops, Markets, Reuters

Bunge expects U.S. renewable diesel capacity of about five billion gallons by 2024

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Chicago | Reuters — U.S. renewable diesel production capacity will more than double to about five billion gallons by 2024 from about two billion gallons, Bunge CEO Greg Heckman said on Tuesday. The agricultural commodities trader has not altered its own capacity plans due to a U.S. government proposal on biofuels announced last week, Heckman […] Read more
(Frankpeters/iStock/Getty Images)
Canola, Crops, Machinery

U.S. EPA proposal likes canola oil for renewable fuel

A final EPA decision is expected this summer, which, if favourable, could add new demand for Canada's premier oilseed

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Canola has another feather in its cap — one which is expected to put more money in farmers’ pockets. In a ‘proposed decision’ released in April the U.S. Environmental Protection Agency (EPA) recognized canola oil’s value as an environment-friendly alternative to fossil-based fuel — a move that’s expected to add new demand for the crop. […] Read more
A decal on a Gulfstream 650ER business jet at the National Business Aviation Association (NBAA) exhibition in Las Vegas on Oct. 21, 2019. (File photo: Reuters/David Becker)
Crops, Machinery, Reuters

U.S. EPA to propose expanding credit eligibility under biofuel program

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New York | Reuters — The Biden administration is expected to propose expanding the kinds of renewable fuel production processes that are eligible to receive credits under the U.S. Renewable Fuel Standard program, three sources familiar with the matter said. The move could help increase production of advanced biofuels, which include lower-carbon products such as […] Read more

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