Tag: Synsel

SynSel secures $300M in construction funds for biofuel plant

SynSel secures $300M in construction funds for biofuel plant

January 21, 2018 |

In Michigan, SynSel has secured $300 million in construction funds to move forward on a former paper mill site that SynSel is converting to a biofuel plant. While taking longer than planned, the Synsel plant is expected to bring hundreds of new jobs to the Ontonagon area but will require expansions to local rail systems […]

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Synsel securing financing for two $300 million wood-based biorefineries

Synsel securing financing for two $300 million wood-based biorefineries

July 18, 2017 |

In Illinois, Synsel hopes to finalize financing in the next few months for two $300 million wood-based biorefineries in Ontonagon, Mich. and Lumberton, Miss. that are meant to produce synthetic gasoline, diesel and aviation. The Ontonagon project aims to repurpose the mothballed Smurfit-Stone Paper Mill that was closed in 2010 but the Lumberton site was […]

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