Sustainable fuels group USA BioEnergy is to spend $1.7bn on a Texas biorefinery to convert wood waste into green fuel, Texas governor Greg Abbott announced yesterday.
A press statement from the Abbot’s office said USA BioEnergy, through its subsidiary Texas Renewable Funds (TRF), will construct the plant in Bon Wier, a town in the northeast of the state near the Gulf coast.
The plant will convert a million tonnes of green wood each year into 34 million gallons of sustainable aviation fuel, diesel and naphtha.
Future expansion will double the plant’s production capacity to 68 million gallons, and the plant will also capture and sequester approximately 50 million tonnes of carbon dioxide over its lifetime.
Governor Abbott commented: “We are excited that USA BioEnergy has chosen east Texas as the home for their new advanced biorefinery. This investment will further cement Texas as an innovative energy leader and will bring unprecedented economic opportunities to Bon Weir and Newton County."
Nick Andrews, USA BioEnergy’s chief executive, said his company’s choice of Bon Weir had been motivated by incentives offered by the state and Newton County.
The project is expected to create 142 permanent jobs, around 580 direct construction jobs and $877m in revenue to companies involved with the project. The plant is also expected to create demand for the county’s wood.
Arizona-based USA BioEnergy is a renewable fuels development group created to produce sustainable aviation fuel, renewable diesel, and renewable naphtha from wood waste feedstock.