Oceania Biofuels goes “Queensland!” for $500M renewable diesel project

In Queensland, Gladstone has been selected as the location for a new $500 million renewable diesel and sustainable aviation fuel biorefinery. Acting Premier Steven Miles said Oceania Biofuels selected a site within the Yarwun Industrial Precinct in the Gladstone State Development Area for their new biofuel refinery, which is now under contract with Economic Development Queensland.

The greenfield plant will use locally sourced waste and sustainable feedstock such as tallow, canola and used cooking oil to produce more than 350 million liters of sustainable aviation fuel and renewable diesel per year.”

Construction of the plant is due to commence onsite in Gladstone in 2023.

The Queensland Government’s Biofutures 10-Year Roadmap and Action Plan outlines a vision for a $1 billion sustainable industrial biotechnology and bioproducts sector in Queensland, as part of Queensland’s economic recovery plan.

“The proposed project will be Australia’s first commercial sustainable aviation fuel biorefinery, creating around 60 direct jobs and indirectly supporting an estimated 500 regional jobs during construction and operation, providing a great economic boost for the local community,” Minister for Regional Development and Manufacturing, Minister for Water and Member for Gladstone Glenn Butcher said Gladstone was the ideal location for the refinery.

Mr Miles said.“Oceania Biofuels were attracted to Queensland because of our commitment to develop a biofuels industry in this state. This project, in addition to Northern Oil’s Advanced Biofuel Pilot Plant, is growing this emerging industry in Gladstone, and strengthens our work towards creating a sustainable, export-orientated industrial biotechnology sector for Queensland, fueling our economic future and contributing to our decarbonisation targets.

“Queensland has a great opportunity to gain a strong international reputation as the location for biofuels production in the western pacific region and this new plant will signal to the world we are ready.”