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By Mary Page Bailey | June 2, 2022
Cresta Funds Management (Dallas, Texas) decided on Topsoe’s HydroFlex solution to reorganize the Braya Renewable Fuels (Braya) refinery in Newfoundland, Canada. The refinery will first produce up to 18,000 barrels consistent with the day of renewable diesel and sustainable aviation fuel (SAF) and capacity will build up more in the expansion stages. The commissioning of the renewable fuel production site is scheduled for the current part of 2022.
The Braya refinery is strategically located, with world-class logistics assets, to source global raw fabrics and sell renewable fuels produced in the United States, Canada and Europe. The refinery will be globally, one of the five largest in the world at first. up. The refinery’s hydrocracker and diesel hydrotreatmentator will be reorganized to produce renewable diesel and SAF from renewable raw materials.
Henrik Rasmussen, Managing Director, Americas, Topsoe, says:
“We are proud to be part of this exciting refinery redesign with Cresta and its ambition to supply renewable diesel and jet fuel for local and global markets. “
In November 2021, Cresta acquired a majority stake in the Braya refinery, which in the past was known as north atlantic refining company (NARL).
Commenting on the acquisition, Chris Rozzell, Managing Partner of Cresta, said: “We are proud to be related to this new refinery failure as it moves completely from fossil fuels to the production of sustainable aviation fuel and renewable diesel fuels that will be critical to decarbonising the aviation and heavy transport sectors. We also applaud the concrete steps taken by the Government of Canada to meet its climate goals, and look forward to the collaboration to position Braya Renewable Fuels to play an important role in strengthening the country. ability to produce blank fuels.