In Arizona, USA BioEnergy (USABE) announced it has signed a letter of intent with LP Building Solutions outlining the parties’ plans to enter a long-term supply agreement for sustainably sourced wood fiber to support operations at USABE’s planned Texas Renewable Fuels (TRF) biorefinery in Bon Wier, Texas. The advanced biorefinery will require raw wood feedstocks for the production of renewable fuel. Once finalized, the agreement would provide for up to 2.2 million tons of woody biomass annually for an initial term of 20 years. This advanced biorefinery will convert forest thinnings into SAF and other renewable fuels. In January, USABE closed on the acquisition of over 1,600 acres of land in East Texas for its new $2.8 billion advanced biorefinery, designed to convert wood waste into sustainable, net-zero SAF.
More on the story.
