Feb 10, 2022 – Release here
USA BioEnergy through its subsidiary, Texas Renewable Fuels (TRF), is pleased to announce the development of an advanced biorefinery that will convert 1M green tons of wood waste into 34M gallons annually of premium clean burning transportation fuel including Sustainable Aviation Fuel, Renewable Diesel and Renewable Naphtha. Future expansion will double the plant’s production capacity to 68M gallons annually. The company has secured fuel offtake agreements with a major trading and logistics company as well as one of the world’s premier airlines and will announce its partners and suppliers in greater detail in the coming months. In addition, the biorefinery’s demand for thinnings and wood waste will infuse the forestry industry in the Southeast Texas region with stable long-term revenue. The plant will also capture and sequester approximately 50M metric tons of CO2 over the life of the biorefinery. This gives Texas Renewable Fuels one of the lowest Carbon Intensity (CI) scores in the industry. The Company benefits from state and federal credits and tax incentives created to incentivize development and offset the cost of renewable fuels.
“Biomass gasification is a well-established method of converting any waste stream into synthesis gas which can readily be converted into hydrocarbon fuels by the Fischer-Tropsch process and upgrading technologies. This approach is being used by a number of projects as it is more feedstock efficient than processes such as cellulosic ethanol production which cannot use all the carbon in wood and waste feedstocks. The gasification/F-T process is also easily adaptable to Carbon Capture and Storage (CCS) as removal of CO2 from the process stream is inherent to the basic technology set. Thus, using biomass feedstocks with CCS, USA Bioenergy can produce deeply negative CI fuels which meet all customer requirements. The fuels produced using CCS will have at least 3 times greater reduction in GHG emissions than fuels produced using other types of feedstock. And there is vastly more feedstock available for expansion of this technology than there is for other renewable fuel production processes.”
Dr. Robert Freerks, Vice President of Product Development
“USA BioEnergy performed an extensive site search and analysis to identify the best location for our project. State and local incentives then became the key component of our decision and we’re proud to select Bon Wier,” said CEO, Nick Andrews who went on to say, “Our investment in Newton County will exceed $3.4 Billion and will provide significant opportunities for employment”.
“We are excited that USA BioEnergy has chosen East Texas as the home for their new advanced biorefinery,” said Governor Greg Abbott. “This investment will further cement Texas as an innovative energy leader and will bring unprecedented economic opportunities to Bon Weir and Newton County. Thank you to USA BioEnergy for selecting Newton County for this incredible project and I appreciate the hard work of our state and local partners to secure this investment. I look forward to our continued work together as we create an even brighter future for the entire Lone Star State.”