In Mississippi, Enviva Inc. invest approximately $250 million in Bond, Mississippi to build a new wood pellet production plant. The facility is a key component of the company’s growth strategy to double production capacity from the current 6.2 million metric tons annually to approximately 13 million metric tons annually over the next five years. The […]
In Mississippi, a $2.5 million grant from the U.S. Department of Energy will benefit Mississippi State researchers in the university’s Forest and Wildlife Research Center studying the economic and ecological benefits of growing trees for biofuel production. The DOE funding will help MSU scientists study how to produce better, hardier hybrid poplars and eastern cottonwoods […]
In Mississippi, Velocys, Inc announced it has signed an agreement with Oxy Low Carbon Ventures, LLC (OLCV), to capture carbon dioxide (CO2) from Velocys’ planned Bayou Fuels biomass-to-fuels project in Natchez, Mississippi, and securely store it underground in a geologic formation. OLCV, a wholly owned subsidiary of Occidental, will take, transport and store CO2 captured […]
In Mississippi, Velocys plc announced Aug. 7 that the USDA has issued a Finding of No Significant Impact on the environmental assessment report for Velocys’ planned Bayou Fuels biorefinery in Natchez, Mississippi. With the FONSI process completed, Velocys will now focus on the next steps in the project’s development, including securing the state-level permits that […]
In Mississippi, the UK’s Velocys announced it signed an option on 100 acres near Natchez to develop a wood-based advanced biofuel facility that could also be upgraded to aviation biofuel. The company plans to invest hundreds of millions of dollars, so local authorities are lining up to offer it $42 million in county tax breaks, […]
In Mississippi, a councilman for Jackson is urging a “no” vote against the proposed expansion of the JaxOn Energy biodiesel facility, saying the plant is a safety concern for the neighborhood it’s located in that never should have been approved in the first place. He shared information with other council members showing how similar plants […]
In Mississippi, a local newspaper is alleging that KiOR executives pulled off a “bait and switch” scam securing by an offtake for refined crude oil rather than to refine crude bio-oil as required by the state to secure a $75 million loan in taxpayer money. Emails seen by the newspaper show concerns began as far […]
In Mississippi, the former CEO of KiOR, Fred Cannon, and the successor company to KIOR have been ordered by a federal district court judge to pay $3 million to the 23,000 shareholders who lost their money in the failed venture, along with $1.5 million plus fees for attorneys. The state’s suit against the former company […]
In Mississippi, KiOR has made good on the $1.1 million in back taxes it owed to local authorities, nine months late and eventually assessed with a 1% late payment fee. The funds will be split almost evenly between the local school district, the county and the city of Columbus where the facility is located. The […]
In Mississippi, REG Synthetic Fuels is paying $1.5 million for refining equipment from the former KiOR biofuel plant in Columbus while Georgia Renewable Fuels is paying an undisclosed price for wood-processing equipment after a judge approved the sales. GNF is waiting for court permission to locate its wood chipping plant either at the site of […]
