Shell acquires 40% share in Quebec’s first waste to low carbon fuels project- January 2021

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Royal Dutch Shell Plc obtained a 40% stake in the renewable chemicals, and biofuels project in Québec. The planned waste-to-methanol, low-carbon fuels plant is likely to become operational (first phase) in 2023.

The plant is likely to attract capital investment of C$875 million. Investments will be sourced from Shell, Enerkem, Suncor, Proman, and Hydro-Québec. Further, Quebec and Canadian governments will also extend critical investment for the project.

The facility will be constructed in Varennes, Québec. It will be developed using technology developed by Enerkem. The plant will have the capacity to process 200,000 tonnes of non-recyclable waste and wood waste. It will produce 125 million liters of low-carbon fuels.