Petro-Canada Signs Deal to Blend Ethanol with Gasoline

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Petro-Canada Signs Deal to Blend Ethanol with Gasoline

VARENNES, Quebec -- Petro-Canada and GreenField Ethanol signed agreements for a long-term deal, naming the retailer the exclusive purchaser of all ethanol produced at GreenField Ethanol's new facility here. The ethanol will be blended with gasoline destined for Petro-Canada retail sites in the greater Montreal area.

"We are proud of this partnership because it enables us to provide consumers with blended gasoline containing up to 10-percent ethanol, produced right here in Quebec," Mel Broten, Petro-Canada's general manager of integration and planning, said in a written statement. Broten was on hand for the official opening ceremony at GreenField Ethanol's plant in Varennes, the only ethanol plant in Quebec.

With this deal, Petro-Canada is the first major retailer in Quebec to make ethanol-blended gasoline available to consumers, added Broten. "We recently discussed this environmental initiative and other investments at our Montreal refinery open house and received strong public support."

With the amount of ethanol Petro-Canada will be purchasing and blending, "greenhouse gases will be reduced in the province by an estimated 180 kilotonnes per year," said Robert Gallant, GreenField Ethanol CEO.