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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Oregon Logging Conference 2022
Loggers from across the Northwest and parts beyond recently traveled to the Oregon Logging Conference (OLC) here for the first show since 2020 and the 2021 virtual event. The show enjoyed great crowds and weather and lots of the latest in logging equipment and technology. A major theme and focus of the OLC and its supporters is finding and developing new employees for all segments of the industry, from in-woods personnel and equipment operators to diesel technology…
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