Red Rock Biofuels

Biomass-to-liquids project in Oregon, USA.

In September 2014, Red Rock Biofuels (RRB) was selected to receive a $70 million grant through the US Department of Defense to construct a biomass-to-liquids plant in Lakeview, Oregon, USA that will incorporate Fischer-Tropsch technology from Velocys. RRB, a subsidiary of IR1 Group, is experienced in constructing and operating commercial scale biofuel facilities.

The project will be designed to convert some 170,000 tons per year of forestry derived biomass into approximately 1,100 barrels per day of liquid transportation fuels. The project developer has made a number of recent announcements, including:

  • It signed an offtake agreement with FedEx. Between Southwest Airlines and FedEx offtake of all the jet fuel that will be produced by the plant has been contracted.
  • It secured partner financing from Flagship Ventures.
  • It signed a Long-term Rural Enterprise Zone Agreement and a Natural Gas Capacity Sharing Agreement with Lake County.

The project developer continues to make progress on permitting, financing and offtake agreements.

 

Press releases:

 

DoD

 

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