Red Rock Biofuels scores $245 million state bond for Oregon plant

In Oregon, Red Rock Biofuels got good news on Monday when the governor approved $245 million in bonds that will allow the company’s planned aviation biofuel plant thanks to overwhelming support by state level legislators and business groups. The facility set for Lake County intends to use 175,000 tons of forestry waste as feedstock as feedstock via a Fischer-Tropsch process and then later hydro-processing to produce up to 16 million gallons of aviation biofuel annually.