Cresta chooses Topsoe’s HydroFlex to revamp Braya Renewable Fuels

In Canada, Cresta Funds Management has chosen Topsoe’s HydroFlexTM solution for revamping the Braya Renewable Fuels refinery (Braya) in Newfoundland, Canada. The refinery will produce up to 18,000 barrels per day of Renewable Diesel and sustainable aviation fuel (SAF) 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. In November 2021, Cresta acquired a controlling interest in the Braya refinery, which before was known as North Atlantic Refining Company (NARL).