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’s Wil Heath Dies At Age 93
It can be tough to be the face of logging in America, but Oregon logger Wil Heath pulled it off with class and his trademark good nature when he posed with a spotted owl on his shoulder for the January 1991 cover of Life magazine. He was quoted in an article titled ”Endangered Species: An Owl and a Logger Symbolize the Nation’s Tough Choice–Jobs or the Environment?” that showed both loggers and owls were endangered each in their own way…
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