Bio JV breaks ground on waste-to-fuel biorefinery
INEOS New Planet BioEnergy (INPB), a joint
venture between INEOS Bio and New Planet Energy, broke ground
on the first United States facility to produce advanced biofuels
from waste on a commercial scale. The $130 million Indian River
BioEnergy Center in Vero Beach, Florida, will convert yard, vegetative
and household wastes into cellulosic ethanol and renewable power
for the local community. This new facility represents an important
step towards achieving more sustainable transportation and greater
When production starts in mid-2012, the Indian River BioEnergy
Center will produce eight million gallons of bioethanol and six
megawatts (gross) of renewable power, of which approximately
two megawatts will be exported to the local community. This renewable
electricity will be able to power approximately 1,400 homes.
Located at a former citrus processing plant site in Vero Beach,
Florida, the BioEnergy Center will provide 380 direct and indirect
jobs (including 175 construction jobs) over the next 2 years
and 50 full-time jobs in Indian River County.
In addition to support from the State of Florida in the form
of a $2.5 million grant, the BioEnergy Center has received significant
support from the United States government as part of its ongoing
effort to reduce dependence on foreign oil, spur the creation
of the domestic biorefining industry and provide new cleantech
jobs throughout the country.
In late 2009, the project received a $50 million grant from the
Department of Energy as part of its Section 932 Integrated Biorefinery
program and it will be the first large-scale commercial project
awarded under this program to begin construction. More recently,
the project received a conditional commitment for a $75 million
loan guarantee from the Department of Agriculture as part of
its Biorefinery Assistance Program.
The Indian River BioEnergy Center will be the first commercial
scale project in the world using INEOS Bio’s patented technology.
Using naturally occurring bacteria, the technology is able to
convert gases derived directly from biomass into bioethanol.
Unlike other technologies that rely on one primary source of
feedstock, the INEOS Bio process can produce ethanol and renewable
energy from numerous non-food feedstocks, including construction
and municipal solid waste, forestry and agricultural waste. This
flexibility also allows facilities like the Indian River BioEnergy
Center to be built anywhere in the world, wherever there is waste,
providing jobs and locally-sourced renewable energy for urban
and rural communities.