In Canada, Tidewater Renewables Ltd. has safely completed the planned seven-day outage to reinstall the repaired component at the Corporation’s renewable diesel and renewable hydrogen complex (located in Prince George, British Columbia. As previously disclosed, the HDRD Complex experienced a short, unplanned outage from October 15, 2025 to October 29, 2025 due to an identified […]
In Canada, Tidewater Renewables continues to advance the 6,500 bbl/d SAF project in British Columbia, with the front-end engineering design work now complete. As part of this ongoing development, the Corporation is pleased to report that it has received approval from the Government of British Columbia to amend the existing initiative agreement to provide further […]
In Canada, Tidewater Renewables Ltd. reports that, at approximately 9:00 a.m. (MST) on April 1, 2025, there was a minor fire in the main renewable diesel process unit at the Corporation’s renewable diesel refinery located in Prince George, British Columbia. The incident has been extinguished and the impacted area of the HDRD Complex has been […]
In Canada, Tidewater Renewables Ltd., owner of Canada’s first renewable diesel refinery, welcomes the Government of British Columbia’s changes to the Low Carbon Fuels Act aimed at strengthening the Canadian biofuels sector. The ability of US renewable diesel producers to dump their product into British Columbia and unfairly benefit from both a production subsidy received […]
In Canada, Tidewater Renewables Ltd. sold its interest, held through a wholly-owned subsidiary, in the Rimrock Renewables Limited Partnership to Biocirc Canada Holdings Inc., an affiliate of Biocirc Group ApS, a leading global renewable natural gas developer with extensive expertise in the design, development and construction of biogas projects. The total purchase price is C$7.8 million […]
In Canada, Tidewater Renewables Ltd. has taken decisive action to protect fair competition in the Canadian renewable diesel market by filing a countervailing (anti-subsidy) and anti-dumping duty complaint with the Canada Border Services Agency at the end of 2024. The complaint targets unfairly traded imports of renewable diesel from the United States that significantly undermine the […]
In Canada, Tidewater Renewables Ltd. has obtained an interim extension of the maturity of its C$175 million first lien senior credit facility, and its C$25 million of additional debt capacity under the second lien term debt facility, from August 30, 2024 to September 18, 2024. This interim extension is expected to provide the Corporation with […]
In Canada, Tidewater Renewables announced a record average daily throughput of 2,925 barrels per day at its Renewable Diesel & Renewable Hydrogen Complex during Q2 2024, operating at an impressive 98% utilization rate. This robust performance contributed to a net income of $4.9 million for the quarter, up from $2.7 million in Q2 2023. These […]
In Canada, Tidewater Renewables’ HDRD Complex in Prince George, B.C., produced its first renewable diesel on Oct. 22 and, as of Nov. 7, has progressed to commercial operations. The facility is currently producing approximately 1,500 bbl/d of on-spec cold weather diesel and the corporation is actively working on safely increasing production rates towards the facility’s […]
