Ineos Bio is selling its biofuel plant in Vero Beach, Florida, according to several local reports. The Indian River BioEnergy Center, which opened in 2013, was a joint venture with New Planet Energy Florida. The facility had been developing waste-to-ethanol technology.
Switzerland-based Ineos had reported it had successfully converted several types of waste into bioethanol, including vegetative and yard waste, citrus, oak, pine and pallet wood waste, but throughout its three-year history, had experienced a host of issues.
In a January 2014 article on REWmag.com, site director David King said, “Bringing the facility online and up to capacity has taken longer than planned due to several unexpected start-up issues at the center. These efforts have highlighted some needed modifications and upgrades.”
In September 2014, the company announced it had completed a major turn-around that included upgrades to the technology as well as completion of annual safety inspections. The company also was installing equipment to remove impurities from one of its process streams that it said had been negatively impacting operations.
Millions of dollars in state and federal grants went toward the construction of the $130 million plant as well as county grants and tax credits. The facility was expected to produce 8 million gallons of cellulosic ethanol and six megawatts (gross) of renewable power. It was permitted to use municipal solid waste (MSW) in its production.
The Ineos Bio’s USA Research Center in Fayetteville, Arkansas, is also reportedly being sold.
Switzerland-based Ineos had reported it had successfully converted several types of waste into bioethanol, including vegetative and yard waste, citrus, oak, pine and pallet wood waste, but throughout its three-year history, had experienced a host of issues.
In a January 2014 article on REWmag.com, site director David King said, “Bringing the facility online and up to capacity has taken longer than planned due to several unexpected start-up issues at the center. These efforts have highlighted some needed modifications and upgrades.”
In September 2014, the company announced it had completed a major turn-around that included upgrades to the technology as well as completion of annual safety inspections. The company also was installing equipment to remove impurities from one of its process streams that it said had been negatively impacting operations.
Millions of dollars in state and federal grants went toward the construction of the $130 million plant as well as county grants and tax credits. The facility was expected to produce 8 million gallons of cellulosic ethanol and six megawatts (gross) of renewable power. It was permitted to use municipal solid waste (MSW) in its production.
The Ineos Bio’s USA Research Center in Fayetteville, Arkansas, is also reportedly being sold.
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