Houston Firm Proposes $500 Million Biofuel Refinery in Longview
by Marissa Luck (The Daily News) A Houston-based group of investors is once again looking to develop a biofuel refinery in Cowlitz County, more than a year after their plans for oil, propane and biofuel projects were rejected by the Port of Longview. This time though, the refinery will focus on processing biofuel only, dropping earlier plans to process crude oil too. And the project won’t be built on Port of Longview property.
Riverside Renewables LLC would process 150 million gallons of virgin seed oil as a “drop-in” replacement fuel for diesel trucks, according to the company. The $500 million facility would process biofuel for domestic markets and would not use palm oil, said Lou Soumas, Riverside spokesman.
Construction of the biofuel refinery could potentially start in 2018 and generate an estimated 800 construction jobs and 130 full-time permanent jobs, according to Riverside’s press release.
According to the company, its renewable fuel would emit 70 percent fewer greenhouse gas emissions compared to traditional fossil fuels. It said it meets low-carbon fuel standards in Oregon, California and British Columbia. READ MORE