Oceania Biofuels has selected Gladstone as the location for a new $500 million renewable diesel and sustainable aviation fuel biorefinery, within the Yarwun Industrial Precinct.
The biofuel refinery is now under contract with Economic Development Queensland, acting premier Steven Miles said.
Minister for Regional Development and Manufacturing, minister for Water and member for Gladstone, Glenn Butcher, said Gladstone was the ideal location for the refinery.
Construction of the plant is due to commence onsite in Gladstone in 2023.
The proposed project will be Australia’s first commercial sustainable aviation fuel biorefinery, creating around 60 direct jobs and indirectly supporting an estimated 500 regional jobs during construction and operation, providing a great economic boost for the local community.
Tags: Biofuels, Gladstone, Oceania Biofuels, Renewables
Recent Posts
Port of Brisbane Unveils Vision 2060 to Drive Smarter, Cleaner, and More Connected Future
Wärtsilä to Deliver Hybrid Propulsion Systems for Vertom Group’s New Low-Emission Vessels
Latvian port receives electric Konecranes Gottwald Mobile Harbor Crane
Sustainable Ocean Economy Vital for Human Development, Says UNDP at UN Ocean Conference
Green Hydrogen Costs in India Could Drop by 40%, Says IEEFA-JMK Report
Cavotec Secures €1.55 Million Shore Power Contract for Port of Antwerp-Bruges
APM Terminals and SANY Marine sign landmark agreement to accelerate decarbonisation
The Port of Gothenburg takes big step towards shore power connection for container and car/RoRo vessels