Posts Tagged ‘alternative fuel’

KiOR borrows $25M; avoids defaulting on loan

COLUMBUS — Alternative-fuel maker KiOR Inc. has borrowed enough money to keep operating through August. The Pasadena, Texas, company, which has a $225-million plant in Columbus, had warned last month that it had to raise more money for research and plant improvements. KiOR, in a stock filing today, said it had completed a deal to […] [...]

KiOR plant achieves three production milestones

COLUMBUS — KiOR Inc. reports that its commercial scale cellulosic gasoline and diesel production facility in Columbus has achieved several key operational milestones. The facility’s Biomass Fluid Catalytic Cracking, or BFCC, unit has completed its first uninterrupted 30-day run. Also, the facility made its first shipment of cellulosic gasoline on June 28, which represented the […] [...]

Senator: Is federal bioenergy program undercutting foresters?

WASHINGTON — U.S. Sen. Thad Cochran (R-Miss.) is questioning whether a U.S. Department of Agriculture bio-based marketing program amounts to a bias against traditional forest products and whether such policies are fair. Cochran broached the topic at a Senate Agriculture Appropriations Subcommittee hearing to review the FY2014 budget request for the USDA. The USDA BioPreferred […] [...]

Town signs lease deal with biofuels company

GLOSTER — The town of Gloster has signed a lease with Drax Biomass International for its Amite BioEnergy wood pellet plant. The Enterprise-Journal reports that the 15-year lease calls for the company to pay the town $8,000 per year for the first 10 years and $9,000 for the next five. There are options to continue […] [...]

County looking to buy land from alternative fuel company

NATCHEZ — Adams County officials are continuing talks on buying the former International Paper site from Rentech. The Natchez Democrat reports supervisors met Monday and board attorney Scott Slover said no decision has been made. The IP mill was once home to the area’s biggest employer but was shuttered in 2003. Rentech purchased the property […] [...]

Alternative fuel company trying to sell real estate

NATCHEZ — Rentech is asking $8.5 million for the 478 acres in Adams County where it once planned to build an alternative fuels plant to convert coal into liquid. Natchez real estate broker Glenn Green, one of the three listed on the property, tells the Natchez Democrat there has been some offers on the property […] [...]

Plant yet to come out of ground; company maintains commitment

PONTOTOC — Four years after announcing plans for an ethanol plant in Pontotoc, a Canadian company has yet to begin construction. Enerkem Inc., of Montreal, remains committed to building the for Enerkem Mississippi Biofuels plant, spokeswoman Annie Pare tells The Northeast Mississippi Daily Journal. It’s planned as a $100 million project with 70 employees, with […] [...]

Officials: Plans for biofuels plant dormant, not dead

FULTON — Although far behind schedule, Mississippi officials say plans for BlueFire Renewables Inc.’s biofuels plant aren’t dead, just dormant. Greg Deakle, Itawamba County Development Council executive director, told the Northeast Mississippi Daily Journal work on the Fulton plant has gone on indefinite hiatus while BlueFire focuses on other projects, most notably the construction of […] [...]

Alternative fuel refinery kicks into production

COLUMBUS — Alternative fuel firm KiOR says it started production in October in Columbus, and plans to make its first commercial shipments before November’s end. CEO Fred Cannon told analysts on a conference call the technology is working “and producing a high-quality oil. I am extremely pleased with the performance of our technology at Columbus.” […] [...]

Cochran supports bill aimed at streamlining underground tank regulations

WASHINGTON — Sen. Thad Cochran (R-Miss) is supporting bipartisan legislation intended to help ease fuel prices and increase consumer energy choices by decreasing the fees and regulations on domestic and alternative fuels distribution. Cochran is cosponsoring the Domestic Fuels Act of 2012 (S.2264), which would instruct the Environmental Protection Agency (EPA) to develop streamlined standards […] [...]

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