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Markets :: Alternative Fuels :: Biodiesel
Huntsman to Operate Texas Biodiesel Plant
3:25 PM MDT | July 25, 2007 | Chemical Week Editorial Staff
Huntsman says it has signed an agreement with biodiesel manufacturer RBF (New York), which will build a Port Neches biodiesel plant on land leased from Huntsman. RBF will design, finance, build, and own the facility. Once operational, the facility will be run and maintained by Huntsman, and RBF will market the biodiesel. The facility will have initial capacity of 89 million gal/year of biodiesel, with plans to expand to about 180 million gal/year. Startup is planned for February 2008. RBF will pay approximately $65,000/year to Huntsman for the initial 15-year...
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