Red Rock Biofuels to finally start construction of its biojet fuel facility in the U.S.

April 30, 2018
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Red Rock Biofuels' 15 million gallon per year (MGY) renewable diesel and biojet fuel commercial facility was supposed to launch in 2016 but hit several snags in the fundraising and permitting process. The company recently secured a $285 million bond in January and, after clearing all regulatory barriers, will start construction of the plant, which is now due in 2020. Red Rock Biofuels finds itself in a more positive market environment, as the price of oil is recovering and Velocys' GTL technology, which will also be deployed in Red Rock's project, has since been validated at the demonstration scale. However, questions still remain over the cost of gas-to-liquids (GTL), as there are still no commercial GTL facilities using biomass to date. 

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Further Reading


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