[Gasification] Commercialization - USDA Provides Loan Guarantee Conditional Commitment to Build Georgia Biofuel Plant

Tom Miles tmiles at trmiles.com
Thu Dec 10 10:24:11 CST 2015


It is nice to see Ensyn's progress with commercializing their fast pyrolysis
process. We designed fuel feeding equipment for them when they were building
a pilot system at a university n about 1980. Tom  

Header Press Release

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Release No. 0338.15


Contact:


Jay Fletcher (202) 690-0498


Deborah Callahan (706) 546-2162


 


USDA Provides Loan Guarantee Conditional Commitment to Build Georgia Biofuel
Plant


 


WASHINGTON, Dec. 10, 2015 - Agriculture Secretary Tom Vilsack today
announced a conditional commitment for a $70 million loan guarantee to help
build a cellulosic biorefinery in central Georgia. USDA is providing the
loan guarantee conditional commitment, an important milestone in the ongoing
development of the project, through its Biorefinery Assistance Program
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hemical-and-biobased-product-manufacturing-assistance> .

"There is a clear consumer demand for clean, American-made, renewable fuels,
which our rural communities stand ready to meet," said Secretary Vilsack.
"USDA is proud to support environmentally and technologically sound projects
like this one, which will increase biofuel availability nationwide and
create jobs in rural Georgia. This loan commitment is the most recent
example of our support for President Obama's 'all-of-the-above' energy
strategy, which includes alternative and renewable fuel sources."

Ensyn Georgia Biorefinery I, LLC (Ensyn) will construct and operate a
cellulosic biofuel refinery in Dooly County, Georgia. The company will
produce 20 million gallons of renewable fuel per year employing its Rapid
Thermal Processing (RTP) technology. RTP uses a fast thermal process to
convert non-food-based feedstocks into biobased fuels.

Ensyn will convert 440 dry tons of woody biomass into a renewable fuel oil
(RFO) product. There is an abundant supply of woody biomass near the plant
due to excess forest materials in the region. However, Ensyn can use a
variety of other non-food cellulosic feedstocks as well.

The renewable fuel oil will be used as a heating oil replacement and as a
renewable feedstock for diesel and gasoline production at refineries.

The project will lead to the direct employment of up to 138 people,
including nearly 70 permanent jobs when the plant is fully operational.

Ensyn has a 25-year track record with its RTP technology and currently
supports the operation of six commercial RTP facilities. The company has
additional commercial plants under development in Canada and Brazil with its
joint venture partners.

The Lender of Record under the loan guarantee is Citi.

Congress extended the Biorefinery Assistance Program in the 2014 Farm Bill
and expanded it to include renewable chemicals and biobased product
manufacturing. The program provides guarantees for loans made by commercial
lenders to fund the development of biorefineries for the production of
advanced biofuels and renewable chemicals and biobased product manufacturing
facilities.

Today's announcement builds on USDA's continuing efforts to help grow the
U.S. biobased industry. In June, the Department issued a report
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2_2015.pdf>  that examines and quantifies the effect of America's biobased
products industry from an economics and jobs perspective. For example, the
report notes that in 2013 alone, that industry contributed four million jobs
and $369 billion to the U.S. economy.

According to the report, each job in the biobased products industry
generates 1.64 jobs in other sectors of the economy. In 2013, 1.5 million
jobs directly supported the biobased product industry, resulting in 1.1
million indirect jobs in related industries, and another 1.4 million jobs
resulting from the purchase of goods and services generated by the direct
and indirect jobs.

The 2014 Farm Bill builds on historic economic gains in rural America over
the past five years, while achieving meaningful reform and billions of
dollars in savings for taxpayers. USDA has made significant progress to
implement each provision of this critical legislation, including providing
disaster relief to farmers and ranchers; strengthening risk management
tools; expanding access to rural credit; funding critical research;
establishing innovative public-private conservation partnerships; developing
new markets for rural-made products; and investing in infrastructure,
housing and community facilities to help improve the quality of life in
rural America. For more information, visit www.usda.gov/farmbill
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