Company gets US loan guarantee to produce biomass jet fuel

Fulcrum Sierra Biofuels will receive a $105 million loan guarantee to build a plant in McCarran, Nev, to produce biodiesel jet fuel from municipal solid waste, said the Agriculture Department. The plant would produce 11 million gallons a year of fuel. The loan guarantee is nearly half of the $226 million cost of the plant. Cathay Pacific Airways said… » Read More

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