Construction Underway On Dynamic Fuels Plant
Last updated Monday, January 12, 2009 6:34 PM CST in Business
By THE MORNING NEWS
SPRINGDALE -- Tyson Foods said its Dynamic Fuels facility is officially under construction in Geismar, La., with concrete foundations being poured on Monday. It's been just 18 months since the alternative fuels partnership was formed between the Springdale-based meat giant and Tulsa, Okla.-based Syntroleum Corp.
The project remains on-budget and on schedule for startup in early 2010. The new facility will use Syntroleum's Bio-Synfining Technology to convert animal fats and greases provided by Tyson into ultraclean renewable diesel and jet fuel, the release said.
The facility is expected to cost $138 million. The project is being funded by cash investments from the partners, plus $100 million in bond revenue approved under the GO Zone Bond program following hurricanes Katrina and Rita.
Staffing with permanent plant personnel is expected to start mid-year as construction progresses and plant startup approaches, the release said.
Reader Comments (No comments posted.)
The following comments are provided by readers and are the sole responsibility of their authors. The Morning News does not review comments before their publication, nor do we guarantee their accuracy. By publishing a comment here you agree to abide by our comment policy. If you see a comment that violates our policy, please notify the web editor.
Not already registered?
