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Former Ineos Bio Site Purchased for Conversion into Eco-District

BioRefineries/Renewable Fuel Production, Biorefinery/Fuel Production Infrastructure, Business News/Analysis, Florida, History of Advanced Biofuels, Infrastructure, Sustainability
February 21, 2018
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by Erin Voegele (Ethanol Producer Magazine)  A consortium of investors and project developers led by Texas-based Frankens Energy recently purchased the former Ineos Bio Indian River Biorefinery in Vero Beach, Florida, and has announced plans to convert the site to an eco-district “harmoniously integrating a series of businesses, all focused on nurturing and supporting environmental sustainability, employment and education within the local community.” The projection of renewable fuels and electricity from biogas may be part of the planned eco-district in the future.

…

A statement issued by Frankens Energy on Feb. 21 notes that the former Ineos Bio site includes on-site power generation equipment and a physical interconnection to Florida’s electricity grid. “The site also benefits from substantial availability of land that can be used to operate a series of sustainable businesses, and it is also located adjacent to the Indian River landfill, which manages the emissions of its landfill waste gases that could one day be used productively as a renewable fuel to generate clean power for the local community,” said the company in a statement.

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The company’s statement also mentions a 75 percent loss in local citrus crops due to insect infestation and associated greening. Frankens Energy said it wishes to explore initiatives that could enable the eco-district to support the farming community. “With this in mind, the team is holding discussions with various operators of ethanol plants as well as developers of alternative agricultural crops that could be used to produce biofuels, thereby providing farmers with a long-term local market for these alternative crops,” the company said in a statement. “In the coming months, the Frankens Energy team also plans to hold discussions with local and state government officials, to further assess how the various business and technological initiatives at the Indian River Eco-District could best be leveraged to support the ongoing growth and prosperity of Indian River County, and the state of Florida.”   READ MORE

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