Braya Renewable Fuels operates the renewable fuels refinery in Come By Chance, Newfoundland and Labrador and is named after the provincial braya flower. The refinery currently produces renewable diesel to help decarbonize the heavy transport and industry sectors, and is strategically located to deliver fuels to a variety of end markets. Braya is one of the largest independently owned renewable fuel producers in the world.
The refinery’s ownership group includes Cresta Fund Management, North Atlantic Refining Corp. (NARC), which is managed by Silverpeak, and Energy Capital Partners (ECP).
Braya Renewable Fuels has converted the petroleum refinery in Come By Chance, Newfoundland and Labrador into a renewable fuels production facility. The facility reached commercial operation in February 2024 and currently produces renewable diesel.
The location of the refinery in Come By Chance provides a number of advantages, including an experienced workforce and global access to feedstocks and product markets, including Canada, U.S., Mexico and Europe.
The Come By Chance facility is a vital asset to the province and an important local employer. The deep operational experience of Braya’s workforce is a critical asset.
The conversion of the refinery into a renewable fuels facility benefits Newfoundland and Labrador as it ensures a bright, sustainable future for the refinery, its workers, and the world.
Yes, and Braya Renewable Fuels will continue to work with Canada’s Department of Environment and Climate Change to ensure that we are meeting our regulatory obligations.
The products produced by Braya will provide lower GHG emission fuel alternatives to the global market, including heavy-use industries like transportation and aviation that are otherwise difficult to decarbonize.
Renewable diesel and sustainable aviation fuel are fuels produced from renewable resources (feedstocks) that acquired carbon during their lifetimes. They are chemically identical to conventional petroleum products, but with a much lower carbon footprint. Unlike the first-generation biofuels that currently dominate the market, renewable diesel and sustainable aviation fuel are an entirely equivalent replacement for diesel and jet fuel that do not require blending with petroleum-based fuels to power standard engines and infrastructure.
These fuels are produced from renewable resources (feedstocks) like soybean, canola, or used cooking oil that acquired carbon during their lifetimes. These materials are converted into renewable fuel and burned. When burned, they release CO2 back into the environment; however, the burning of these renewable fuels provides a net balance to emissions as the CO2 previously existed in the air before being captured by the original materials.
This process differs from typical diesel and crude oil fuel production in that those CO2 intensive processes produce a net addition of CO2 into the environment.
The Come By Chance refinery can utilize a wide variety of feedstocks, including tallow, soybean oil, distiller’s corn oil, canola oil, and used cooking oil.
We are importing feedstock from all over the world.
While we are open to local feedstocks, there are unfortunately no local options yet. We look forward to connecting with local feedstock sources and encourage suppliers to contact us.
The conversion of the Come By Chance facility opens the door to a number of other opportunities that we are interested in exploring, including new products such as sustainable aviation fuel. As jurisdictions around the world change their regulations around CO2 emissions and fuel requirements, the number of potential markets for this facility is regularly increasing.
California is currently the biggest market for renewable diesel and sustainable aviation fuel in the world, but with environmental regulations and sustainable fuel requirements being introduced around the world, we expect significant additional markets to develop across the continent and the globe.