Sundrop Fuels to buy 1200 acres in Louisiana for first commercial green gasoline plant
In Louisiana, Colorado-based Sundrop Fuels is buying about 1,200 acres near Alexandria for its first gasification plant to produce 50 million gallons per year of green gasoline from forest waste that is expected to cost between $450 million and $500 million. The company expects to produce 1 billion gallons of its fuel annually by 2020.
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