ExxonMobil moves forward with largest renewable diesel facility in Canada

IRVING, Texas - ExxonMobil today announced its majority-owned affiliate, Imperial Oil Ltd, will invest about $560 million to move forward with construction of the largest renewable diesel facility in Canada. The project at Imperial's Strathcona refinery is expected to produce 20,000 barrels of renewable diesel per day primarily from locally sourced feedstocks and could help reduce greenhouse gas emissions in the Canadian transportation sector by about 3 million metric tons per year, as determined in accordance with Canada's Clean Fuel Regulation. The facility is a part of the corporation's plans through 2027 to invest approximately $17 billion in lower-emission initiatives.

News Jan. 26, 2023

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Exxon Mobil Corporation published this content on 26 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2023 13:02:02 UTC.