Tag: NEXT Renewable Fuels

NEXT Renewable Fuels to go public with $666M valuation following SPAC merger

NEXT Renewable Fuels to go public with $666M valuation following SPAC merger

November 21, 2022 |

In Texas, Reuters reports NEXT Renewable Fuels will merge with a newly-formed subsidiary of Industrial Tech Acquisitions II Inc. into a special purpose acquisition company (SPAC), also known as a blank-check firm that will then go public in a deal that should value the new company at $666 million. The deal will provide an injection […]

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United Airlines Ventures it invest up to $37.5M in NEXT Renewable Fuels

United Airlines Ventures it invest up to $37.5M in NEXT Renewable Fuels

November 15, 2022 |

In Illinois, United Airlines Ventures announced a strategic investment in NEXT Renewable Fuels (NEXT), which is permitting a flagship biofuel refinery in Port Westward, Oregon, with expected production beginning in 2026. NEXT is a Houston-based company developing the biorefinery which, at full production, could produce up to 50,000 barrels per day of Sustainable Aviation Fuel […]

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Oregon Department of Environmental Quality approves NEXT Renewable Fuels’ air quality permit

Oregon Department of Environmental Quality approves NEXT Renewable Fuels’ air quality permit

August 30, 2022 |

In Oregon, the Oregon Department of Environmental Quality (ODEQ) approved the air quality permit for NEXT Renewable Fuels’ $2 billion clean fuels project. The approval is a significant milestone and key state permit for developing the renewable diesel and sustainable aviation fuel facility at Port Westward in Columbia County, Oregon. The air permit was awarded […]

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NEXT Renewable Fuels scores latest state permits for $2B Oregon project

NEXT Renewable Fuels scores latest state permits for $2B Oregon project

March 28, 2022 |

In Oregon, the Oregon Department of State Lands (ODSL) approved the Removal-Fill permit for NEXT Renewable Fuels’ $2 billion clean fuels project. The approval allows NEXT to build a renewable diesel facility that will reduce greenhouse gas emissions by 7 million tons each year and restore nearly 500 acres of wetlands to create habitat in […]

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NEXT Renewable Fuels running up against wetlands challenges for Oregon project

NEXT Renewable Fuels running up against wetlands challenges for Oregon project

October 18, 2021 |

In Oregon, Pamplin Media reports that NEXT Renewable Fuels is getting close to securing its permits to build a facility at Port Westward, but opponents to the project are getting louder. The project is set to be located on 118 acres of wetlands, and in order to do so the company has to create or […]

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NEXT Renewable Fuels sees Oregon facility coming online in 2024

NEXT Renewable Fuels sees Oregon facility coming online in 2024

June 21, 2021 |

In Oregon, Columbia County Spotlight reports that following a leadership change and delays due to COVID-19, the planned NEXT Renewable Fuels facility near Clatskanie is expected to be operational in 2024, rather than in late 2021 or early 2022 as originally expected. The company is now under the leadership of a former board member who […]

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Construction to begin late 2020 for NEXT’s biofuel production facility

Construction to begin late 2020 for NEXT’s biofuel production facility

January 5, 2020 |

In Oregon, Pamplin Media reports that NEXT’s biofuel production facility is scheduled to open and begin commercial operations in mid-2022 and that construction will begin on the facility later this year. NEXT President Lou Soumas told Pamplin Media that they will start the hiring process for senior people first, with eventually having around 200 people […]

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NEXT signs agreement with labor union for operating renewable fuels plant

NEXT signs agreement with labor union for operating renewable fuels plant

July 14, 2019 |

In Oregon, NEXT Renewable Fuels signed a peace agreement with UFCW 555, agreeing to remain neutral in any future union organizing efforts for operating staff at their planned biofuels manufacturing plant at Port Westward in Columbia County. The agreement allows future NEXT plant workers and UFCW representatives to work together during any future organizing and […]

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Where is NEXT Renewable Fuels going next and why we want them as a neighbor

Where is NEXT Renewable Fuels going next and why we want them as a neighbor

June 9, 2019 |

            NEXT Renewable Fuels, Inc. is leading the way in turning recycled organic materials, like used cooking oil – white and brown grease, animal tallow and a variety of vegetable oils – into renewable transportation fuels, like second-generation advanced green diesel and other products, with their Oregon facility. Representing an […]

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BP Production to supply NEXT Renewable Fuels with 13.2 million barrels a year of feedstock

BP Production to supply NEXT Renewable Fuels with 13.2 million barrels a year of feedstock

May 28, 2019 |

In Texas, NEXT Renewable Fuels, Inc (NEXT) and BP Products North America Inc. (BP) have entered into a long-term Feedstock Supply Agreement whereby NEXT will purchase approximately 2 million metric tons (13.2 million barrels) per year of renewable feedstocks for NEXT’s planned Port Westward, Oregon renewable diesel facility.  Under the Agreement, BP will supply used cooking […]

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