Nov 22, 2011. /Lesprom Network/. Sundrop Fuels, Inc. has agreed to purchase about 1,200 acres of land near Alexandria, Louisiana, USA,for the planned construction and operation of the company’s first production facility. The inaugural Sundrop Fuels plant will use sustainable forest waste combined with hydrogen from clean-burning natural gas to produce up to 50 million gallons annually of the world’s first ready-to-use, renewable “green gasoline”, as the company said in a press release received by Lesprom Network. Located in Rapides Parish a few miles outside of Alexandria, the Sundrop Fuels advanced biofuels plant will cost approximately $450 to $500 million to build and will be financed in part through the sale of tax-exempt Private Activity Bonds, which do not entail any financial obligation from state or local authorities. Louisiana also provided Sundrop Fuels with performance-based incentives for the facility, which is expected to employ about 150 people and have a significant economic impact in the area. Sundrop Fuels drop-in advanced biofuel is designed to cost as much or less than petroleum-based transportation fuels, creating considerable economic and environmental benefits while helping reduce the nation’s dependency on foreign oil. The company will use a gasification process to convert cellulosic feedstock into synthesis gas, which will then be made into clean, affordable biobased “green gasoline” for use in today’s combustion engines via the nation’s existing fuels distribution infrastructure. Plans are for Sundrop Fuels to achieve a combined production capacity of more than one billion gallons by 2020 – a significant percentage of the cellulosic advanced biofuels goal set by the nation’s Renewable Fuels Standard. Sundrop Fuels, Inc. is a gasification-based drop-in advanced biofuels company based in Longmont, Colorado, USA.