Tidewater Midstream and Infrastructure Ltd T.TWM

Alternate Symbol(s): TWMIF | T.TWM.DB.A

Energy Oil & Gas Midstream

Tidewater Midstream and Infrastructure Ltd. is a diversified midstream and infrastructure company with an integrated value chain across North American natural gas, natural gas liquids (NGLs), crude oil, refined product, and renewable energy markets. The Company's operations include downstream facilities, natural gas processing facilities, NGLs infrastructure, pipelines, storage, and various renewable initiatives. It also markets crude, refined products, natural gas, NGLs and renewable products and services to customers across North America. Its key midstream assets include the Brazeau River Complex and Fractionation Facility (BRC), a full-service natural gas and NGL processing facility with natural gas storage pools, and the Ram River Gas Plant, a sour natural gas processing facility with sulfur handling solutions and rail connections. Its key downstream asset is the Prince George Refinery (PGR), the sole light oil refinery within the interior British Columbia market.

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Tidewater Midstream and Infrastructure Ltd > What is the Real Cost of Producing Renewable Diesel?

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Comment by wynneron Aug 26, 2024 2:23pm

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Post# 36196422

RE:RE:RE:What is the Real Cost of Producing Renewable Diesel?

TVR wrote: Good insights here.

The focus on SAF is a big concern for me. The RD investment was substantially over budget and does not currently have a visible pathway to profitablity and presumably will not until the Credits issue is resolved (if it can be resolved). The SAF project would be a big $ investment ($500 million?) which they do not have. Unfortunately the solid financial position that came with the Pipestone sale (a very good deal) has now been largely eroded by the need for TWM to provide substantial financial support to Renewables.

The two company structure made sense when TWM needed to finance the RD facility but is now a complication that I would like to see removed. Best time to do that is now, while the Reneables shares are under $3.

If I was running TWM I would probably have made merging the 2 companies a condition for providing the financial support. Not sure TWM got a great deal on the financial support.

Tell it to the government.

Government of Canada announces investment in the industrial bioeconomy to reduce GHG emissions

From: Agriculture and Agri-Food Canada

News release

August 19, 2024 – Sarnia, Ontario – Agriculture and Agri-Food Canada

Strengthening Canada's bioindustrial sector through research and innovation creates opportunities, increases competitiveness, and moves Canada towards a more sustainable future.

Today, Peter Fragiskatos, Member of Parliament for London North Centre, on behalf of the Honorable Lawrence MacAulay, Minister of Agriculture and Agri-Food, announced up to $6,592,913 to Bioindustrial Innovation Canada (BIC) through the AgriScience Program – Clusters Component, an initiative under the Sustainable Canadian Agricultural Partnership.

The Bioproducts Cluster, led by BIC, will develop specialized technologies that turn renewable resources, such as agricultural residues, into useful bioenergy, biofuels, and biomaterials like ethanol and biodegradable plastics. The research activities aim to support the transition to a renewables-based economy and reduce greenhouse gas emissions (GHGs). This will be achieved by improving biomass production, developing new bioproducts from Canadian crops, and turning by-products into value-added bioproducts.