USA BioEnergy signs LOI with LP for wood fiber to supply USAB’s planned Texas biorefinery

In Arizona, USA BioEnergy has signed a letter of intent with LP Building Solutions (“LP”) outlining the parties’ plans to enter a long-term supply agreement for sustainably sourced wood fiber to support operations at USAB’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 Sustainable Aviation Fuel and other renewable fuels. With more than five decades of experience in forestry and timber operations in East Texas, LP is expected to serve as the exclusive procurement agent for TRF under the future agreement, leveraging its regional expertise to source feedstock responsibly and sustainably.