23 August 2013 22:17 [Source: ICIS news]
HOUSTON (ICIS)--US-based Cool Planet Energy Systems plans to build three biomasss-to-gasoline plants in Louisiana, the state's governor said on Friday.
Cool Planet plans to invest $168m (€126m) in the project, Governor Bobby Jindal said in a statement.
Construction on the first plant in Alexandria will begin in January, Jindal said. Operations should start by the end of the year.
Construction on the second plant in Natchitoches will begin in the summer of 2015, with completion in the summer of 2016, he said. The third site will come on line in late 2016 at a site yet to be determined.
Each plant will have a capacity to produce 10m gal/year (38m litres/year) of gasoline, Jindal said.
Cool Planet will use wood waste and forest byproducts as a feedstock at the plants.
The company uses a two-step process that first fractionates the biomass into hydrocarbon streams and char, the company said.
The second step converts the hydrocarbons to fuels through a catalytic process.
($1 = €0.75)
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