Biofuels Project Sinks
The Red Rock Biofuels project in southern Oregon appears headed for foreclosure according to notices published in the Lake County Examiner newspaper in late December after the company failed to make principal and interest payments on some $300 million in debt. The notice set a February 4 payment deadline with a property auction scheduled for February 9. Originally scheduled for completion in 2017, the plant was going to use biomass from regional forests to produce sustainable aviation fuel (SAF) and was boosted by a $75 million Dept. of Defense grant and fuel commitments from FedEx and Southwest Airlines, plus state and local incentives and infrastructure improvements.
Cost overruns, process re-engineering, COVID-related delays and bankruptcy of a key supplier all affected the project. Construction had begun and there’s lots of equipment and machinery on site. Officials say there have been no public efforts to find a buyer to complete, repurpose or move the refinery.
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New From Tigercat: 612 Dual Winch Skidder
The new Tigercat 612 series skidder platform was created to manage the extraction function in challenging terrain selective felling applications, while preserving the value and quality of the residual stand. The machine can be equipped with a dual winch, a movable back shield and fairlead system, as well as a crane, and front blade tongs. The 612 is equipped with the Tigercat FPT N67 Stage V engine, delivering 155 kW (208 HP). Combined with Tigercat’s efficient drive system, the 612 impressively handles adverse terrain while minimizing wheel spin…
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