Imperial in mid-2021 announced plans to construct a 20,000-barrel-per-day renewable diesel complex at its Strathcona refinery. The company made a final investment decision in January 2023, with construction beginning soon after. Once fully operational, the plant is expected to have the capacity to produce more than 1 billion liters (264.17 million gallons) of renewable diesel annually.
During a fourth quarter earnings call, Imperial Oil President and CEO Brad Corson confirmed construction on the renewable diesel project is currently expected to be complete during the second quarter, with initial production commencing mid-year.
