Cool Planet Energy Systems will build three new bio-refineries in Louisiana with a capital investment of $168 million. The company plans to produce gasoline at it initial commercial scale facilities from wood waste and forest by-products. Each refinery will have a capacity of 10 million gallons. The company states that based on the yields being achieved and depending on labor costs, it expected its 40 million gallon reference industrial scale plant to produce renewable gasoline at $1.00 – $1.15 per gallon. Construction will begin at the first site in January 2014 with production beginning in late 2014. Construction at the second site will begin in the summer of 2015 with completion in 2016 and the third site will come online in late 2016. Within the next decade the company plans on building 400 refineries nationwide. To read more about Cool Planet’s methods of pyrolysis to create bio-gasoline, its plan for mass produced bio-refineries, and its plan to market biochar:
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