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Parkland Corp. planning to increase renewable fuel production at Burnaby plant

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.