Ron Kotrba
Jun 17, 20211 min
Canadian biofuel startup Covenant Energy Ltd. has selected a process technology provider, Haldor Topsoe, as well as an engineering firm, Gas Liquids Engineering, to oversee project management of a CAD$500 million renewable diesel and sustainable aviation fuel (SAF) manufacturing facility the company plans to build in southern Saskatchewan, Canada.
The biorefinery project, first announced in March, is expected to use canola oil as feedstock. While Covenant said in March the plant is being scaled at between 79 and 86 million gallons per year (mgy), Haldor Topsoe said this month it may produce nearly 100 mgy.
Covenant Energy also added several individuals to key positions on its growing team and Turner International Group Ltd. as corporate finance advisor.
“These appointments mark an important milestone in advancing Canada’s first standalone renewable diesel refinery,” said Josh Gustafson, president and CEO of Covenant Energy.
Stuart MacKenzie, vice president of business development with Gas Liquids Engineering, said, “This facility will play an important role in supporting Canada’s clean fuel regulations and net-zero targets.”
The renewable diesel and SAF plant is scheduled to go into operation in 2024.