PLAQUEMINE, La. -- NFR BioEnergy plans a $312 million capital investment to install biorefineries at more than 10 sugar refining hubs in South Louisiana — subject to completing lease and biomass agreements with sugar mills — resulting in 450 new jobs.
Gov. Bobby Jindal and Frank Randazzo, the company's chief operating officer, said Monday that NFR BioEnergy will convert sugar cane waste, known as bagasse, into hardened energy pellets for use as fuel at global power plants.
NFR BioEnergy has begun development of the first biorefinery in White Castle, Louisiana, where it is co-locating the facility with Cora Texas Sugar Mill.
Pending the sugar mill agreements, NFR BioEnergy will build a series of biorefineries across South Louisiana's sugar cane-growing region and create 450 new direct jobs, averaging $54,000 a year.
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