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Tidewater Renewables Ltd T.LCFS

Alternate Symbol(s):  TDWRF

Tidewater Renewables Ltd. is a multi-faceted energy transition company. The Company is focused on the production of low carbon fuels, including renewable diesel. The Company is focused on turning a variety of renewable feedstocks, such as tallow, used cooking oil, distillers corn oil, soybean oil, canola oil and other biomasses into low carbon fuels. Its assets are located in Alberta and British Columbia. Its renewable fuel assets are co-located at the Prince George Refinery (the PGR). Its assets at the PGR include the Renewable Diesel & Renewable Hydrogen (HDRD Complex), canola co-processing infrastructure, the fluid catalytic cracking (FCC) co-processing infrastructure and working interests in various other refinery units. Through the production of renewable fuels, it generates operating emission credits, including the British Columbia Low Carbon Fuel credits (BC LCFS) and the Canadian Clean Fuel regulations (CFR) credits, which are sold to various counterparties.


TSX:LCFS - Post by User

Comment by wynneron Jan 23, 2024 10:06pm
81 Views
Post# 35842166

RE:RE:RE:RE:Low vol

RE:RE:RE:RE:Low volI just talked myself into buying more now.

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The Great Falls refinery in Montana produces both SAF and RD using Topsoe HydroFlex technology. Topsoe says that the HydroFlex process layout offers lower capital expenditure (CAPEX), and also a lower energy consumption during operation, resulting in a lower Carbon Index (CI). Topsoe’s HydroFlex can be deployed in both grassroots units and revamps for co-processing or stand-alone applications.

Calumet Specialty Products Partners manufactures, formulates and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. Calumet is headquartered in Indianapolis, Indiana and operates twelve facilities throughout North America.

Montana Renewables is a renewable fuel business located in Great Falls, Montana. In November 2021, Montana Renewables was separated both legally and commercially from Calumet Specialty Products Partners, L.P., and was designated as an unrestricted subsidiary of Calumet as a part of the separation. 

Montana Renewables’ production facility in Great Falls is strategically located close to major feedstock sources in both the United States and Canada, including the temperate oil seed growing zone along with large farm and ranch operations in Montana and the adjacent states and provinces. This strategic location significantly decreases the carbon emissions as well as transportation costs of both the renewable feedstock to MRL and the renewable fuel to product off-takers. 

The demand for renewable fuel is the highest in states and/or provinces that have enacted a Low Carbon Fuel Standard (LCFS) that is generally concentrated in the northwest United States and Canada. An additional emissions benefit is that the site’s electrical power is physically sourced from the five hydroelectric dams immediately downstream of Montana Renewables’ location on the upper Missouri River.

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