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Incentives Help Texas Lure New $1.7 Billion Biorefinery That Turns Wood Chips Into Fuel

State and Local Incentives Totaling $150 Million Helped Sway Company's Decision, CEO Says
This refinery in West Texas seems more typical in the state known for its energy reserves. But one company is planning a refinery converting wood waste into transportation fuel. (Getty Images)
This refinery in West Texas seems more typical in the state known for its energy reserves. But one company is planning a refinery converting wood waste into transportation fuel. (Getty Images)
CoStar News
February 15, 2022 | 10:41 P.M.

Texas Renewable Fuels, a subsidiary of USA BioEnergy, expects to soon begin construction on a $1.7 billion advanced biorefinery in East Texas that turns wood chips into fuel after receiving $150 million in state and local incentives.

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