News Post
Shell to invest in Quebec's first waste to low-carbon fuels plant.
Shell announced through its subsidiary Shell Canada Limited that it has recently signed commercial agreements to invest in Varennes Carbon Recycling, the first waste to low-carbon fuels plant in Québec, Canada. Shell will have a 40% interest in the plant using technology developed by Enerkem, who initially announced the project last month.
The approximately C$875 million commercial-scale facility will be constructed in Varennes, Québec, and will produce low-carbon fuels and renewable chemicals products from non-recyclable waste. Commissioning of the first phase of the facility is scheduled for 2023. Critical investment in the plant comes from Shell, Enerkem, Suncor, Proman and Hydro-Québec, as well as from the Québec and Canadian governments.
This plant will eventually treat more than 200,000 tons of non-recyclable waste and wood waste per year with an annual production of nearly 125 million liters of low carbon fuels.
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