USDA Guarantees Loan For Chemtex Commercial Cellulosic Ethanol Refinery in Sampson County, NC

[littlemissmartypants]

"The facility we are announcing today will help create more than 300 jobs in North Carolina and is a perfect example of how producing home-grown energy is good for the economy and good for our energy future."

The Chemtex facility is expected to create 65 full time jobs with estimated average salaries of more than $48,000 per year.

An additional 250 indirect jobs are also anticipated in areas such as feedstock supply, maintenance, and transportation.

Once operational, the facility is expected to convert 600,000 tons of energy grasses per year into an estimated 20 million gallons of cellulosic ethanol (advanced biofuel) using a proprietary enzymatic hydrolysis process.

The plant will produce biofuel for eastern transportation markets using non-food biomass feedstocks.

USDA, through its Rural Development Biorefinery Assistance Program (Section 9003 of the 2008 Farm Bill), approved a $99 million, 80 percent loan guarantee to finance the project.

Got Land?

I suggest you grow grass as it will be the next biofuel.

http://www.bluestem.ca/miscanthus.htm

Miscanthus Grass near Bonby
"Miscanthus giganteus is a large perennial grass hybrid of Miscanthus sinensis and Miscanthus sacchariflorus native to Japan. It is currently used in the European Union as a commercial energy crop. It is used as a source of heat and electricity, or converted into biofuel products such as ethanol." http://www.geograph.org.uk/photo/2103547

http://www.digtriad.com/news/local/article/231696/57/Ethanol-maker-See-Green-In-NC-Field-grown-Fuel

http://www.biofuelsjournal.com/articles/USDA_Guarantees_Loan_For_Chemtex_Commercial_Cellulosic_Ethanol_Refinery_in_Sampson_County__NC-125796.html

[mmonk]

1. Recommended.

I recently have been thinking about converting my 1999 Tahoe to E 85 Ethanol.