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Strategic Biofuels project to produce renewable fuels from wood waste
The company plans to invest $700 million in a renewable diesel plant that will manufacture 32 million gallons of fuel per year.
Louisiana Green Fuels (LGF), a subsidiary of Olathe, Kansas-based Strategic Biofuels, has announced plans to develop a renewable diesel plant near the Caldwell Parish seat of Columbia, Louisiana.
Situated on a 171-acre site at the Port of Columbia, the plant would produce up to 32 million gallons of renewable fuel annually through established refinery processes with wood waste as the feedstock. The company is completing feasibility and financing phases for the project in anticipation of a final investment decision by late 2022.
Dive Brief:
The U.S. Department of Justice s Antitrust Division (DOJ) and the Alabama attorney general s office filed a civil suit against Republic Services yesterday, seeking divestitures across Alabama, Georgia, Mississippi, Tennessee and Texas in order to approve the company s pending acquisition of Santek Waste Services.
A proposed settlement would see two landfills, two transfer stations, four collection facilities and multiple small container commercial waste (SCCW) collection routes in the Southeast sold to Kinderhook Industries or an approved acquirer. The private equity firm s local portfolio companies include Capital Waste Services and EcoSouth Services. Certain Texas collection routes would also be sold to Waste Connections.