These are challenging times for our people, families and communities. We are closely monitoring guidance from our elected officials, the World Health Organization and the CDC as we work to protect against the spread of COVID-19. We are taking steps to ensure our employees and contractors remain healthy and safe, while continuing to help meet global energy demand.
Innovative Supply Solutions for the Road Ahead
Solar, Biofuel, Battery and Energy Storage Material Supplier
Trusted by Manufacturers, Retailers and Distributors Worldwide
Creating Sustainable Value
Targray is a global leader in the sourcing, transportation, storage, and supply of commodities and specialty materials for the Biofuels, Refined Products, Solar and Battery manufacturing sectors.
Leveraging 30 years of industry experience, we work collaboratively with partners to create new efficiencies and deliver differentiated value across the supply chain. Our material solutions help reduce the world’s carbon footprint while enabling our customers to create safer, more reliable products for consumers around the world.
Biodiesel Marketing & Trading
Supported by a major company-managed rail fleet and fuel terminal network, Targray is one of the largest and fastest-growing biodiesel suppliers in the United States, Europe, and Canada. Our innovative biodiesel procurement programs and compliance solutions are designed to help fuel retailers, diesel distributors, refinery operators and transportation companies become more profitable while creating a more sustainable economy for future generations.
Solar PV Supply Solutions
For over a decade, Targray solar materials, financing programs and procurement solutions have been a trusted source for the world’s leading PV manufacturers, solar project developers, EPCs, contractors and installers. The Solar Division is focused on helping customers create new business efficiencies while enhancing the durability and performance of their solar products. Our global trading experience and financial capabilities enable us to create value-driven business solutions for solar companies throughout the supply chain. Our photovoltaic materials portfolio features high-efficiency modules, cells, components and equipment from industry-leading solar manufacturers.
Refined Products
The Refined Products Division delivers bulk gasoline, diesel fuel, heating oil, jet fuel, avgas, blendstocks, intermediates and other related products and supply chain services to commercial, industrial and retail customers throughout the U.S. and Canada. Leveraging Targray Group’s vast North American network of managed rail cars and fuel terminals, our Calgary-based Refined Products team is focused on addressing regional imbalances in fuel production and consumption to create differentiated value for customers.
Lithium-ion Battery Materials
Targray Group’s international footprint enables us to source the globe for best-in-class lithium-ion battery materials and equipment solutions. Working closely with our battery supply chain partners, we bring to market innovative battery material solutions for manufacturing and R&D in the energy storage industry. Our portfolio of lithium-ion battery materials includes battery electrodes, anode materials (graphite, graphene, LTO), cathode materials, electrolyte solutions, separators, packaging materials and lithium-ion cells.
Featured Solutions
Biofuel Feedstock
ISCC-certified feedstock from various sources for biodiesel and renewable diesel manufacturers in the U.S., Canada, and the European Union.
Biodiesel Marketing
Full-service biodiesel supply programs for diesel fuel distributors, jobbers, retailers, and transportation fleets in North America and Europe.
Solar Trade Finance
Commercial PV financing programs to help customers optimize working capital and liquidity in domestic and international supply chains.
Wholesale Fuel Distribution
A robust delivery network enabling efficient trading scenarios for North American buyers and suppliers of bulk gasoline and diesel fuel.
Battery Material Supply
A broad range of high performance materials engineered to help lithium-ion cell manufacturers overcome unique market challenges.
PV Material Procurement
Procurement solutions for polysilicon, silicon wafers, solar cells, solar modules and a range of PV manufacturing materials and components.
Fueled by Partnership
From PV cells and battery casings, to renewable fuels and carbon-neutralizing additives, our material solutions play an important role in helping reduce global carbon emissions while enabling energy technology providers to create better products that enhance the consumer experience.
Across our business lines, we collaborate with leading non-profits and trade associations in the pursuit of sustainability solutions and systems that foster global environmental responsibility.
News and Announcements
Response to the Global Coronavirus Pandemic
Targray has implemented a series of new global measures to keep people and communities safe while continuing to support the supply chain requirements of its customers throughout the Americas, Africa, Asia and Europe.
Annie Galarneau Named Targray General Counsel
Targray has announced Montreal-based Lawyer Annie Galarneau as its General Counsel. Drawing on over 20 years of experience in commercial law, Annie will work to ensure that Targray maintains and builds upon its position as an alternative energy industry leader and innovator.
Targray Makes Debut Appearance on Financial Post FP500
Targray has been named to the FP500, Financial Post’s ranking of the top 500 corporations in Canada by revenue. This is Targray’s debut appearance in the FP500 after 30 years in business. It ranks No. 458 among all companies surveyed, up from No. 534 the previous year.
Canada's Best Managed Companies 2020
Targray has been recognized for the second consecutive year as one of Canada’s Best Managed Companies by professional services firm Deloitte. Now in it’s 27th year, the Best Managed Companies program celebrates excellence in privately-owned Canadian companies.
Historic Biodiesel Tax Credit Extension Signed Into Law
The budget deal reinstates the important blenders tax credit for biodiesel and renewable diesel retroactively from its expiry on January 1st, 2018, through December 31st, 2022. Never in its 15-year history has the biodiesel tax credit been given such a long duration.
Targray Opens European Biofuel Facility in Antwerp, Belgium
Targray has announced the opening of its Antwerp Biodiesel Terminal, a 24/7 biofuel storage and blending facility serving fuel producers, distributors, traders, retailers and transportation companies in markets throughout the European Union.
Powering the Energy Transition
Since 1989, our company has continuously transformed itself in the pursuit of new markets and opportunities. Our core focus on rapidly growing industries has led us to establish a leading presence in a broad range of new energy sectors, from photovoltaics and energy storage, to low-carbon transportation fuels.
Today, through diverse but focused businesses, Targray Group is committed to delivering innovative products and solutions to markets around the world. Our global team of professionals has the knowledge to assist customers in the planning, design, assessment and execution of their projects.