USA BioEnergy, through its subsidiary Texas Renewable Funds (TRF), will build a new $1.7 billion advanced biorefinery in Bon Wier, Texas. The biorefinery will convert one million green tons of wood waste into 34 million gallons annually of premium clean burning transportation fuel. Future expansion will double the plant’s production capacity to 68 million gallons annually, and the plant will also capture and sequester approximately 50 million metric tons of CO2 over the life of the biorefinery. This new biorefinery will create 142 jobs in the Newton County community.
The company has secured fuel offtake agreements with a major trading and logistics company as well as one of the world’s premier airlines and will announce its partners and suppliers in greater detail in the coming months. In addition, the biorefinery’s demand for thinnings and wood waste will infuse the forestry industry in the Southeast Texas region with stable long-term revenue. The plant will also capture and sequester approximately 50M metric tons of CO2 over the life of the biorefinery. This gives Texas Renewable Fuels one of the lowest Carbon Intensity (CI) scores in the industry. The Company benefits from state and federal credits and tax incentives created to incentivize development and offset the cost of renewable fuels.
USA BioEnergy is a renewable fuels development group based in Scottsdale, Arizona, created to produce sustainable aviation fuel, renewable diesel, and renewable naphtha from readily available wood waste feedstock.
