News International Sugar Journal

USDA announces funding of biofuel projects to the tune of $405 million [Registered]

US Agriculture Secretary Tom Vilsack announced on 20 January 11 $405 million in guarantee loans for three biofuel projects in Alabama, Mississippi, and Florida. The largest loan of $250 million went to Coskata to construct and operate a cellulosic ethanol facility in rural western Alabama. Feedstock for this 55-million gallon-per-year plant will be woody biomass. In Pontotoc, Mississippi, Enerkem Corporation was given $80 million loan guarantee to build and operate a plant that will process some 100,000 metric tons of dried and post-sorted municipal solid waste using thermo-chemical process that will 10 million gallons of ethanol. In Vero Beach, Florida,…

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