Tidewater Renewables Ltd T.LCFS

Alternate Symbol(s): TDWRF

Energy Oil & Gas Refining & Marketing

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.

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Tidewater Renewables Ltd > The beating will continue.

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Comment by wynneron Nov 18, 2024 2:17pm

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RE:The beating will continue.

Diesel in California went DOWN a penny since the CARB decision last Friday.
Bellyaching about $5 a gallon when BC sells for $7. HDRD the only thing making money for Tidewater inc. Even made a small profit without the $12 million LCFS payments. Now the bank loan is gone maybe another $10 million to the top line this qtr.

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