Posts Tagged ‘REFINERY’

Alternative fuels company ending all R&D, selling land

NATCHEZ — Rentech Inc. says it plans to mothball its alternative-energy product demonstration facility in Commerce City, Colo., and end all related research and development activities, which will mean cutting 65 employee and contractor positions by mid-year. CEO D. Hunt Ramsbottom says the company intends to focus instead on opportunities for more immediate profitability. Rentech […] [...]

Energy companies eyeing sites in Natchez area

NATCHEZ — Adams County hopes to advertise for bids in April for port improvement construction related to a biofuels project. Elevance Renewable Sciences Inc. announced in 2011 its plans to convert the Delta BioFuels plant into a bio-refinery, in which fuels and other chemicals will be produced from organic matter. The company — which makes […] [...]

Tax exemptions approved on land worth more than $838M

PASCAGOULA — Jackson County supervisors have unanimously approved two 10-year tax exemptions for more than $838 million in true property value. The Mississippi Press reports Gulf LNG Energy received an exemption on nearly $828.5 million, and Ingalls Shipbuilding received an exemption on nearly $9.6 million on property value. County leaders say exemptions are granted on […] [...]

T.L. Wallace wins infrastructure project at KiOR site

NATCHEZ — Adams County supervisors have approved a $522,673 to relocate a sewer line on the former Belwood County Club property, the future site of KiOR’s Natchez alternative fuel production facility. The Natchez Democrat reports the contract went to T.L. Wallace Construction. Board Attorney Scott Slover said the bid was approximately $180,000 below the county’s […] [...]

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.” […] [...]

Tacker asks judge to vacate sentence for biofuels scheme

NETTLETON — A Mississippi businessman has asked a federal judge to vacate his five-year prison sentence on a conviction of defrauding a biofuels subsidy program. William T. “Tommy” Tacker II was convicted in 2010 on 10 counts that he conspired to defraud the U.S. Department of Agriculture of nearly $3 million for his company, Biodiesel […] [...]

Ergon Refining unveils $147M expansion at port

VICKSBURG — Ergon Refining has announced a $147 million expansion of its operations at the Port of Vicksburg. The Vicksburg Post reports the specialty oils refinery plans new buildings near the Bunge-Ergon ethanol plant and upgrades at its main refinery that will allow the company to process more diverse types of crude. The expansion would […] [...]

Supervisors to take out bond to build levee for KiOR

NATCHEZ — The Adams County Board of Supervisors is advertising its intent to take out a bond that will not exceed $7.5 million as part of the KiOR levee project. The Natchez Democrat reports the funds from the bond will be channeled toward the construction of a levee on the site of the former Belwood […] [...]

County wants loan to build levee for KiOR plant

NATCHEZ — Adams County is applying for a $3 million state loan to help pay for a levee to be built on the site of the former Belwood Country Club. The levee is part of the county’s commitment to an economic recruiting package to bring alternative fuels company KiOR to Adams County. The Belwood property […] [...]

Oil and gas hub slowly rebounding from Isaac

GULF COAST — The nation’s oil and gas hub along the Gulf Coast is slowly coming back to life in the aftermath of Hurricane Isaac. Offshore oil platforms are beginning to ramp up production as crews are returning. Refineries are beginning to restart units as power is restored and floodwaters are cleared out. While a […] [...]

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