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$700 Million Dollar Renewable Diesel Refinery Planned for Louisiana

4/23/2021

Louisiana Governor John Bel Edwards and Strategic Biofuels LLC CEO Paul Schubert recently announced that Strategic BioFuels subsidiary, Louisiana Green Fuels, will develop a renewable diesel facility at the Port of Columbia in Louisiana. The project is undergoing feasibility and financing tasks now and is working towards a final investment decision by the end of 2022.

This plant is being designed to have a production capacity of 32 million gallons per year of renewable diesel from a feedstock consisting of wood waste. In the statement from Strategic BioFuels, there is an estimated cost figure of $700 million dollars has been attributed towards its development. Once a final investment decision has been made, this project is anticipated to begin early operation by mid-2025.