The U.S. Department of Energy says that it will back a $241 million loan guarantee to help build a manufacturing plant for renewable diesel fuel in Louisiana. Plans call for the use of animal fats, used cooking oil and other waste grease as feedstocks for the fuel, which will be produced at Norco, near New Orleans. In a partnership known as Diamond Green Diesel LLC, Valero Energy Corp. plans to direct the design, construction and operation of the plant, which will produce 137 million gallons annually, and to market the fuel. Darling International Inc. will supply feedstock. Energy Secretary Steven Chu says the loan guarantee is part of the Obama administration’s push to come up with new sources of fuel.
DOE backing biofuels project in Louisiana
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