Parkland cancels plans to build stand-alone renewable diesel complex at B.C. refinery

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Parkland cancels plans to build stand-alone renewable diesel complex at B.C. refinery
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The announcement comes as Parkland raises its quarterly dividend to 34 cents per share and reports a fourth-quarter profit of $69-million

says it will not go ahead with its plan to build a stand-alone renewable diesel complex at its refinery in Burnaby, B.C.

Parkland had announced a plan in May 2022 to build a stand-alone renewable diesel complex within its Burnaby refinery, capable of producing 6,500 barrels per day.

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