Gov. Haley R. Barbour and officials from KiOR announced this week that the alt-fuels company will locate five biofuel production facilities and investing more than $500 million in Mississippi.
Click on art to view an animation of KiOR's renewable crude process.
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The Pasadena, Texas, has committed to create at least 1,000 direct and indirect jobs in the state, the governor said at a news conference.
"KiOR will use Mississippi's abundant, renewable natural resources to create a high-quality crude oil substitute that will help meet our nation's energy needs, reduce our dependence on foreign oil, and create more than one thousand jobs for Mississippi workers," he said.
KiOR's catalytic conversion process allows the company to convert biomass, from a variety of feedstocks, including wood products and agricultural waste, into a high-quality renewable crude oil named Re-Crude that can be used as a direct replacement for imported crude oil.
The company's feedstock-flexible technology reduces nature's process of creating oil from a period of millions of years down to a matter of seconds, company officials said.
Using existing refinery infrastructure, KiOR's crude oil substitute can be refined into transportation fuels and can be produced at low cost and in an easily scalable and environmentally-friendly manner.
KiOR has selected Columbus and Newton for its first facilities and has determined another facility will be located in southwest Mississippi. The company is in discussions with other local communities around the state regarding the locations of two additional plants.
KiOR's demonstration plant is producing up to 15 barrels of renewable crude per day from woodchips, a significant scale-up in capacity from the company's pilot plant.
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