The money will help fund Braya Renewable Fuels’ $428-million conversion of the refinery to process and refine renewable diesel, sustainable aviation fuel, hydrogen and ammonia, among other products. (The Logic)
Skip to content
The money will help fund Braya Renewable Fuels’ $428-million conversion of the refinery to process and refine renewable diesel, sustainable aviation fuel, hydrogen and ammonia, among other products. (The Logic)
Talking point: Originally built in 1973, the 130,000-barrel-a-day petroleum refinery shut down in 2020 when oil demand tanked during the COVID-19 pandemic. As my colleague Murad reported last December, the federal government also put $49.5 million into Braya’s conversion project, which the company expects to complete later this year. The first stage of the conversion will produce 18,000 barrels of renewable fuel per day. Braya has plans to increase capacity to about 24,000 barrels a day in two to three years and expand its aviation fuel production.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Commentary
Carmichael: Canada’s wartime economic triumph can teach us something today
Briefing
Nokia to spin out space communications business through Canadian SPAC deal
Ontario police aren’t reporting spyware use, senior privacy official warns
Magna founder Stronach found guilty of indecent and sexual assault
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
