SynSel Energy Inc. to Open Biofuels Plant in Ontonagon
by Jan Tucker (Your Daily Globe) Ontonagon has been selected as one of two initial sites in the U.S. for the construction of an advanced biofuels plant. SynSel Energy, Inc., is partnering with a U.S.-based financier and Lost Bowl Development, LLC, to develop the $300 million biorefinery at the site of the closed Smurfit-Stone Paper Mill in Ontonagon. A second identical $300 million plant will be developed by SynSel in Lumberton, Miss. Each site is expected to produce about 250 direct and indirect jobs.
The SynSel biorefinery is a huge step in reversing the unemployment trends in Ontonagon County and the Upper Peninsula in general.
SynTel Energy, of Elmhurst, Ill., is a developer and owner/operator of biorefineries in the U.S. and Canada. They intend to use the abundant waste wood generated in the U.P. as the feedstock to produce its renewable biofuel.
Michigan Technological University found that biofuels produced from wood waste and forest residue can reduce carbon dioxide by up to 95 percent compared to traditional fossil fuels.
“The fuel produced by SynSel can be drop-in ready and is able to directly displace petroleum-based fuels without engine modification or degradation in performance,” Tucker ( Pat Tucker, president of Lost Bowl Development — the company that owns the Smurfit-Stone Paper Mill site) said. “We will be producing a combination of synthetic gasoline, diesel and aviation fuel for sale in the commodity markets and to the Department of Defense.” READ MORE