CONVERTING DEAD AND DISEASED TREES TO SUSTAINABLE AVIATION FUEL AND DIESEL
Our great Western forests are dying and burning as never before, due to sustained drought, disease and the effects of climate change.
This is why EcoTech Biofuels is committed to converting highly flammable forest biomass to fuels -- before it catches on fire.
We are partnered with best in class engineering processes in the biofuels space. Our team of experts have the field-proven capability for converting biological and carbonaceous waste materials into sustainable jet fuel and diesel.
Rio Grande Biofuels
Our Rio Grande Biofuels plant, based in South-Central Colorado, will extract over 180,000 tons per year of high-risk fuels from Colorado’s forests and convert to Sustainable Aviation Fuel and diesel. The impact will be fewer forest fires and cleaner skies.
The Rio Grande plant will create hundreds of good jobs and a BIG economic boost to Southern Colorado. We will hire locally and provide training for motivated employees.
Key Deal Attributes
FINANCING PARTNER: Piper Sandler will underwrite, prepare and offer a tax-exempt Industrial (Waste Disposal) Revenue Bond.
SITE: an industrial-zoned site with rail access in Southern Colorado with access to water, natural gas, power, rail and roads.
FEEDSTOCK: dead, diseased trees, brush, slash and other woody biomass from Colorado national, state forests and private land, with long-term Forest Stewardship supply provided by trusted non-profit partner to US Forest Service. In addition, we will be removing brush and high risk fuels from Colorado state and private forestlands to help reduce fire risk.
OFF-TAKE: Offtake agreement in place with major jet fuel supplier to U.S. airports.
ECONOMIC BENEFITS FOR SOUTH-CENTRAL COLORADO: The Rio Grande Project will create over 90 full time jobs with great benefits, including chemical engineers, skilled labor and entry-level workers. Because of the high jobs multiplier impact of the Project, for every job created at the plant, at least 7 more jobs will be created in the community. These include new jobs in hospitality, legal, banking, logistics, and more.
TECHNOLOGY: Closed-loop gasification, syngas cleanup and reforming, then gas-to-liquids engineering processes proven over many decades of worldwide utilization.
MANAGEMENT: by team of experts with executive and operational experience in biofuels, waste transformation technologies and renewable energy.
PERMITTING: Underway. No foreseen impediments to Project commencement.
Our Engineering Services Partner
The company’s engineering partner is Black & Veatch, a global leader in engineering, procurement, consulting and construction services, with a 100-year legacy of innovations in sustainable infrastructure projects. B&V will oversee the Front End Engineering Design (FEED) phase work, including developing an EPC lump sum price, which will optimize both cost and scheduling. B&V will also provide EPC services during the fabrication and construction phase.
Future Projects
In the last 10 years, three times as much forest land in the Rocky Mountains has burned compared to the historical average.
This is why EcoTech Biofuels is working with foresters in the Rocky Mountain States and at the national level to help solve this problem.
Each of our projects planned in Montana, Nevada, Utah, New Mexico and other Western states, will eliminate hundreds of thousands of tons of dry and diseased trees from our forests every year – thus removing the fuel for future forest fires.