The project, first revealed in mid-2021, involves a renewable diesel complex designed to produce 20,000 barrels per day. Imperial Oil finalized its investment decision in January 2023, with construction starting shortly thereafter. Once operational, the plant is expected to yield over 1 billion liters (approximately 264.17 million gallons) of renewable diesel annually, contributing to cleaner energy alternatives.
During a first-quarter earnings call, Imperial Oil Chairman and CEO Brad Corson stated: “The company expects construction to be complete on the renewable diesel project shortly here in the second quarter, with operations expected to begin within the coming months.” This timeline reflects the company’s commitment to meeting project milestones and delivering renewable fuel to the market.
The Strathcona refinery’s renewable diesel facility will utilize advanced technology to produce fuel with a lower carbon footprint compared to traditional diesel, supporting efforts to reduce greenhouse gas emissions. The project aligns with growing demand for sustainable energy solutions in Canada and beyond, enhancing the region’s capacity to supply environmentally friendly fuels.
Imperial Oil’s investment in the renewable diesel complex demonstrates its focus on integrating sustainable practices into its operations. The completion of construction and the anticipated start of operations in mid-2025 position the Strathcona refinery as a key player in Canada’s renewable energy sector, contributing to the transition toward cleaner fuel options.
The project’s development reflects careful planning and execution, from the initial announcement in 2021 to the final investment decision and ongoing construction. As the facility nears completion, it is poised to deliver significant environmental and economic benefits, supporting both local and national goals for sustainable energy production.