Carolina Renewable Products has started construction on a major new facility in Orangeburg County, South Carolina. The $280 million project focuses on converting pine wood by-products into renewable diesel and is a big win for the local clean energy sector.
This 20-acre site at 546 Prosperity Drive will use residuals from nearby sawmills to create a drop-in fuel that works in existing engines without needing any modifications. Along with renewable diesel, the plant will produce biochar and wood vinegar.
State officials are backing this initiative because it supports the forestry industry, which has struggled recently with mill shutdowns and lower demand. Robert Bryan, CEO of Carolina Renewable Products, noted that Orangeburg was carefully chosen to help expand clean fuel production while driving innovation in the region.
Financial support includes a $755,000 grant from the Coordinating Council for Economic Development and $200,000 from the South Carolina Secretary of Agriculture.
>> In Other News: Lummus Technology and Advanced Ionics Break Ground on Green Hydrogen Pilot Plant
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Wishing everyone a restful holiday season.🎄🎅🎁 Inside this Issue ✈️ Cathay Goes Global With SAF in Three-Continent Fuel Deal 🧪 Proton Ventures Partners With Barents Blue For Realization Of The Bar...
Inside This Issue 🚛 Alberta's Shared Truck Model Could Crack Hydrogen Adoption ✈️ ZeroAvia Completes Financing Round 🌾 Frontier And NULIFE Scale New Biowaste Carbon Removal Approach 🔥 WAGABOX® Of ...
Inside This Issue 🌎 North America's Carbon Removal Year in Review: The Deals, Policies, and Milestones That Shaped 2025 🚢 Hapag-Lloyd And North Sea Container Line Win ZEMBA Second E-Fuel Tender 🪨 ...
ClimeFi Announces New 85,000 Tonne Procurement Round
In its latest procurement round, ClimeFi has enabled more than US$18m in durable carbon removal purchases across eight removal pathways: Biochar, Bioenergy with Carbon Capture and Storage (BECCS), ...
Vallourec, a world leader in premium seamless tubular solutions, and Geostock, a global specialist in underground storage of energy, have signed a Memorandum of Understanding (MoU) to strengthen th...
CMA CGM, DHL Step Up Ocean Freight Decarbonization with Biofuel Deal
DHL Global Forwarding and shipping group CMA CGM have agreed to jointly use 8,990 metric tons of second-generation biofuel to reduce emissions from ocean freight. The initiative is expected to cut...
Next-Generation Gas Turbine Control System For Thermal Power Plants Completes Functional Testing
Integration of Mitsubishi Power's control technology with Mitsubishi Electric's high-speed data processing technology Supports rapid load adjustments and diverse fuels including hydrogen Tokyo, ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.