Ontario (May 9, 2006) – Suncor Energy Products Inc. and the Toronto Transit Commission (TTC) have teamed up to help clear the air in Toronto. An agreement has been reached for Suncor to supply biodiesel to the TTC’s fleet of 1,491 buses. This sales agreement extends to December 2007.
Suncor biodiesel is an environmentally responsible diesel fuel created by blending petroleum diesel with soy-based biodiesel. Biodiesel reduces carbon monoxide and particulate emissions, which are major contributors to smog.
Over the next 20 months, Suncor will supply the TTC with over 120 million litres of this cleaner burning fuel.
"Suncor's unique 'in-line' blending process will deliver a higher quality and cleaner-burning fuel to the TTC," said Don Smith, director of distribution operations and national sales for Suncor.
Residents of the Greater Toronto area will benefit from this agreement. "Using biodiesel fuel in TTC buses will contribute to cleaner air in Toronto," said Smith.
The introduction of biodiesel is Suncor's next step in providing sustainable energy solutions in Ontario. This summer, Suncor will be opening Canada's largest ethanol production facility in St. Clair Township, near Sarnia. Ethanol-blended gasoline, sold at Sunoco branded retail sites across Ontario, reduces vehicle-based carbon monoxide emissions up to 30 per cent. Pending regulatory approval, Suncor expects to later this year begin construction on a 76-mega watt wind power project in Ripley, near Kincardine. This project is expected to generate enough zero-emission electricity to power 22,000 homes.
This news release contains a forward-looking statement identified by the words “to supply”, which is based on Suncor’s current expectations, estimates, projections and assumptions made in light of its experiences and the risks, uncertainties and other factors related to its business. Actual events could differ materially as a result of changes to Suncor’s plans and the impact of events, risks and uncertainties discussed in Suncor’s current annual information form, annual and quarterly reports to shareholders and other documents filed with regulatory authorities.
Suncor Energy Products Inc. is a wholly-owned subsidiary of Suncor Energy Inc., an integrated energy company. In addition to a refinery in Sarnia, Suncor Energy Products has a network of 281 Sunoco-branded retail and Fleet Fuel cardlock sites and has a 50 per cent joint venture interest in over 200 Pioneer and UPI retail sites. Suncor Energy Products Inc. manufactures, distributes and markets transportation fuels, heating oils and petrochemicals primarily in Ontario. For more information, see the Sunoco website at www.sunoco.ca or www.suncor.com.
Sunoco in Canada is separate and unrelated to Sunoco in the United States, which is owned by Sunoco, Inc. of Philadelphia. Suncor Energy (U.S.A.) Inc. is an authorized licensee of the Phillips 66® brand and marks in the state of Colorado.
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