• Cresta Funds Management has chosen Topsoe’s HydroFlex^TM solution for revamping the Braya Renewable Fuels refinery  in Newfoundland, Canada.
• The refinery will produce up to 18,000 barrels per day of Renewable Diesel and sustainable aviation fuel initially and the capacity will increase further in various stages of expansion.
• The startup of the site for production of renewable fuels is expected in second half of 2022.

The Braya refinery is strategically located, with world-class logistics assets, to source global feedstocks and to sell the produced renewable fuels into the United States, Canada and Europe. The refinery will be world scale – one of the top 5 largest in the world at startup. The refinery’s hydrocracker and diesel hydrotreater will be revamped to produce renewable diesel and SAF from various renewable feedstocks.

Henrik Rasmussen, Managing Director, The Americas, Topsoe, says:
“We are proud to be part of this exciting refinery revamp with Cresta and to support  their ambition to deliver renewable diesel and jet fuel for the local and global markets.”

In November 2021, Cresta acquired a controlling interest in the Braya refinery, which before was known as North Atlantic Refining Company (NARL).

Related to the acquisition, Chris Rozzell, Managing Partner at Cresta said:
“We’re proud to be associated with this new chapter for the refinery as it fully transitions from fossil fuels to the production of sustainable aviation fuel and renewable diesel fuels that will be critical to decarbonizing the aviation and heavy transport sectors. We also applaud the concrete steps the Government of Canada is taking to meet its climate objectives, and we look forward to a collaboration to position Braya Renewable Fuels to play a vital role in boosting the country’s capacity to produce clean fuels.”

What is HydroFlex™
With HydroFlex™, customers can convert low value feedstocks into drop-in renewable jet and diesel that meets all of the globally accepted specifications for these fuels. The innovative HydroFlex™ process layout offers lower capital expenditure (CAPEX), but also a lower energy consumption during operation, resulting in a lower Carbon Index (CI). Topsoe’s HydroFlex™ can be deployed in both grassroots units and revamps for co-processing or stand-alone applications. HydroFlex™ is by far the most successful renewable fuels technology globally.