USA BioEnergy to build USD1.7 billion advanced biorefinery
Texas Governor Greg Abbott announced that USA BioEnergy, through its subsidiary Texas Renewable Funds (TRF), will build a new USD1.7 billion advanced biorefinery in Bon Wier, Texas, U.S.A.
USA BioEnergy is a renewable fuels development group based in Scottsdale, Arizona, U.S.A., created to produce sustainable aviation fuel, renewable diesel, and renewable naphtha from readily available wood waste feedstock.
The biorefinery will convert one million green tons of wood waste into 34 million gallons annually of premium clean burning transportation fuel including sustainable aviation fuel, renewable diesel, and renewable naphtha.
Future expansion will double the plant’s production capacity to 68 million gallons annually, and the plant will also capture and sequester approximately 50 million metric tons of CO2 over the life of the biorefinery. This new biorefinery will create 142 jobs in the Newton County community.
“We are excited that USA BioEnergy has chosen East Texas as the home for their new advanced biorefinery,” said Abbott. “This investment will further cement Texas as an innovative energy leader and will bring unprecedented economic opportunities to Bon Weir and Newton County.”
“USA BioEnergy performed an extensive site search and analysis to identify the best location for our project,” said Nick Andrews, USA BioEnergy CEO. “State and local incentives then became the key component of our decision and we’re excited to select Bon Wier. We’ve had tremendous assistance from Economic Development in Newton County, including leadership from Judge Kenneth Weeks, Nancy Windham, president & CEO of Texas Forest Country Partnership, Don Iles with Sabine River Authority of Texas and Rob Hughes, executive director, Texas Forestry Association among many others.”
“It is with great pleasure and enthusiasm that we welcome Texas Renewable Fuels to Newton County,” said Kenneth Weeks, judge of Newton County. “The announcement of this USD1.7 billion project brings news of 142 new jobs at completion, an estimated 585 direct construction and related workers’ jobs during construction with USD877 million in direct revenues for construction related companies. In total, the project supports an estimated USD1.2 billion in gross area product or economic activity during construction.”
“I would like to express my appreciation to Texas Renewable Fuels for selecting Newton County to build a new manufacturing facility which will provide and support the growing market for sustainable and renewable fuels,” said Senator Robert Nichols. “The economic impact of this project will benefit the community, local businesses and grow our local and state economic output.”