Parkland Corp. to build renewable diesel plant at Burnaby refinery

Parkland’s Burnaby refinery. Canadian Press

CALGARY — Parkland Corp. says it plans to spend $600 million to increase renewable fuel production at its Burnaby refinery in British Columbia.

The Calgary-based fuel retailer says it will ramp up the amount of renewable material it currently refines alongside traditional petroleum-based materials by 5,500 barrels per day.

Renewable fuels are produced using organic feedstocks like plant oils, fats and forestry waste.

Parkland says it also plans to build a stand-alone renewable diesel complex within the Burnaby refinery, capable of producing 6,500 barrels per day.

The company says the renewable fuel it produces will have one-eighth of the carbon intensity of conventional fuels and reduce related greenhouse gas emissions by approximately two million tonnes per year.

Parkland says the B.C. government will support over 40 per cent of the project costs in the form of low-carbon fuel credits.

This report by The Canadian Press was first published May 9, 2022.

Companies in this story: (TSX:PKI)

The Canadian Press

News from © The Canadian Press, 2022. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

• 0084 EMP Metals Pipeline Online
  0084 EMP Metals Pipeline Online
• 0053 Kingston Midstream Westspur Alameda Click
  0053 Kingston Midstream Westspur Alameda Click
• 0082 CsHM 2024 Pipeline
  0082 CsHM 2024 Pipeline
• 0077 Caprice Resources Stand Up For Free Speech
  0077 Caprice Resources Stand Up For Free Speech
• 0076 Latus only
  0076 Latus only
• 0061 SIMSA 2024 For Sask Buy Sask
  0061 SIMSA 2024 For Sask Buy Sask
• 0055 Smart Power Be Smart with your Power office
  0055 Smart Power Be Smart with your Power office
• 0051 JML Hiring Pumpjack assembly
  0051 JML Hiring Pumpjack assembly
• 0049 Scotsburn Dental soft guitar
  0049 Scotsburn Dental soft guitar
• 0046 City of Estevan This is Estevan
  0046 City of Estevan This is Estevan
• 0041 DEEP Since 2018 now we are going to build
  0041 DEEP Since 2018 now we are going to build
• 0032 IWS Summer hiring rock trailer music
• 0022 Grimes winter hiring
• 0021 OSY Rentals S8 Promo
• 0018 IWS Hiring Royal Summer
• 0013 Panther Drilling PO ad 03 top drive rigs
• 0011
• 0006 JK Junior
• 0002 gilliss casing services
  0002 gilliss casing services
• 9002 Pipeline Online 30 sec EBEX
  9002 Pipeline Online 30 sec EBEX
• 9001