Top 18 of 2018 – Looking back to look forward

#16 The story of Red Rock Biofuels and the bond market breakthroughs

In the world of drop-in military biofuels, two major updates appeared in early 2018 that made this story one of the top read ones of the year.

In Oregon, Red Rock Biofuels got good news when the governor approved $245 million in bonds that will allow the company’s planned aviation biofuel plant thanks to overwhelming support by state level legislators and business groups. The facility set for Lake County intends to use 175,000 tons of forestry waste as feedstock via a Fischer-Tropsch process and then later hydro-processing to produce up to 16 million gallons of aviation biofuel annually – approximately 7.2 MMgal jet fuel, 7.2 MMgal diesel fuel, and 3.6 MMgal naphtha.
More on the story, here.