Tidewater Renewables progresses toward early 2023 start-up of renewable diesel, hydrogen complex
Tidewater Renewables Ltd. stated in its second-quarter financials that the corporation has reached several important milestones on its renewable diesel and renewable hydrogen complex during the three-month period.
The company expects renewable diesel production at its Prince George Refinery in British Columbia to begin in early 2023.
The standalone unit is being scaled to produce 126,000 gallons per day, or between 43 million and 46 million gallons per year, depending on downtime.
The Aug. 11 press release did not contain details about what milestones were achieved, and the company did not hold an earnings call for the quarter. Biobased Diesel Daily inquired with Tidewater Renewables executives about what these second-quarter accomplishments were, as well as what is planned over the next three to six months before start-up.
During the quarter, Tidewater Renewables has substantially completed all detailed engineering and design on the renewable diesel and hydrogen unit. All eight primary storage tanks have been erected and application of tank coatings has begun. Approximately 75 percent of all concrete foundations and more than 80 percent of all piling installations were also completed in the second quarter. In addition, all piperack pilings are finished, and the foundations for both the pretreater and reformer units have been poured. Brownfield piping to connect the existing refinery infrastructure has also been completed on-site, and installation of piperack modules has begun. Progress has also been made on the rail-rack extension, including the pouring of rail-rack foundations. Lastly, on-site electrical construction has also begun.
Over the next three to six months, Tidewater Renewables plans to complete construction of the rail-rack extension and begin commissioning, as well as finish applying coatings on the storage tanks. The company also expects to receive and install the final piperack modules and commission all utilities and electrical systems. Commissioning of tie-ins to the existing infrastructure is also expected over the next three to six months. Finally, receipt and installation of all reactors and major equipment are slated to take place as well.
“The corporation continues to monitor macroeconomic conditions, including those that affect the global supply chain, and has proactively accelerated the ordering of certain long- and medium-lead equipment to lock-in material costs and help mitigate any potential supply-chain disruptions,” Tidewater Renewables stated Aug. 11.
Tidewater Renewables has contracted Topsoe for its HydroFlex and H2bridge renewable diesel and hydrogen process technologies.
In its Aug. 11 release, Tidewater Renewables stated that the company “continues to expand its feedstock supply and marketing business to secure feedstock for its growth projects. During the quarter, the corporation launched its strategic investment in Rimrock Cattle Company Ltd. RCC is expected to generate material feedstock volumes for use in both the renewable natural gas and renewable fuels business units. The corporation is also pleased with the continued outperformance and growth of its renewable feedstock collection business since its acquisition in Q4 2021. The corporation continues to pursue partnership opportunities and long-term arrangements to secure a diversified supply of feedstocks.”
The company added that it “remains hedged on approximately 50 percent and 30 percent of the [renewable diesel and hydrogen complex’s] feedstock requirements through 2023 and 2024, respectively, as well as the majority of its canola coprocessing feedstock.”
Tidewater Renewables has been raising revenue for the project through the forward sale of provincial and federal carbon credits under British Columbia’s Low Carbon Fuel Standard and Canada’s Clean Fuel Regulations.
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