USA Bioenergy, LP Sign Feedstock Letter Of Intent
USA BioEnergy (USABE) has signed a letter of intent with LP Building Solutions (LP) outlining plans to enter a long-term supply agreement for sustainably sourced wood fiber to support operations at USAB’s planned Texas Renewable Fuels (TRF) biorefinery in Bon Wier, Tex. The advanced biorefinery will require raw wood feedstocks for the production of renewable fuel. Once finalized, the agreement would provide for up to 2.2 million tons of woody biomass annually for an initial term of 20 years.
This advanced biorefinery will convert forest thinnings into sustainable aviation fuel (SAF) and other renewable fuels. LP is expected to serve as the exclusive procurement agent for TRF under the future agreement,.
“LP is proud to bring our deep roots in sustainable forestry to support the Texas Renewable Fuels project,” says LP Natural Resources Manager Steven Meadows. “Our long-standing commitment to responsible resource management is well aligned with USA BioEnergy’s vision for sustainable fuel production. We look forward to advancing this effort, which benefits the regional economy, promotes environmental stewardship, and advances the clean fuels industry.”
In January, USABE closed on the acquisition of over 1,600 acres of land in East Texas for its new $2.8 billion advanced biorefinery, designed to convert wood waste into sustainable, net-zero SAF. The planned greenfield facility is currently in detailed design and engineering and aims to address airlines’ growing demand for SAF, and has secured a 20-year offtake agreement with Southwest Airlines.
After the engineering and design process is completed, construction of the biorefinery is expected to take approximately two years, followed by a six- to eight-month commissioning period. The facility will annually convert one million tons of sustainably sourced woody waste into 65 million gallons of premium net-zero transportation fuel, including sustainable aviation fuel and renewable naphtha. The plant will also capture and sequester over 50 million metric tons of carbon dioxide over the biorefinery’s lifetime.
Latest News
Hoffman Companies Acquires Besse Forest Products Group
The Hoffmann Family of Companies (HFOC), a Florida-based family-owned private equity firm, has acquired Besse Forest Products Group, the longstanding Michigan-based family-run company with 10 manufacturing facilities, including four sawmills, a lumber drying concentration yard, four veneer mills and a cut-to-size plywood mill.
Godfrey Forest Products Announces New OSB Mill For Maine
Godfrey Forest Products Announces New OSB Mill For MaineBy Rich Donnell Godfrey Forest Products, with multi-investor backing, has announced plans to build an 800MMSF annual production capacity brownfield oriented strandboard (OSB) plant in Jay, Maine, at the site...
Boise Announces New Investments
Boise Cascade has announced new investments in Alabama and Louisiana in support of its engineered wood products (EWP) growth strategy.
Find Us On Social
Newsletter
The monthly Panel World Industry Newsletter reaches over 3,000 who represent primary panel production operations.
Subscribe/Renew
Panel World is delivered six times per year to North American and international professionals, who represent primary panel production operations. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative. Contact us today!