Federal loan guarantee for biorefinery making a drop-in fuel

The Agriculture Department announced a $91 million loan guarantee for an advanced biofuel plant in Rapides Parish, Louisiana, that will turn pine chips into 8-10 million gallons a year of reformate, a drop-in ingredient for gasoline and jet fuel that can be added during the regular refinery process. The guarantee will allow Cool Planet to complete construction of the… » Read More

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