Representatives from CORE BioFuel are expected to meet with the Mayor and Council for the District of Houston soon.
At issue is Houston’s possible selection as a sight for a biofuel refinery.
CORE has signed a memorandum of understanding with a renewable energy project developer for the development of four, wood to gasoline bio-refineries to be built in the U.S. and Canada.
Houston is one of the communities that may just be chosen to be the home of one of those bio refineries.
The initial term of this agreement would be four years, and would allow for the agreement and number of plants to be extended.
The renewable energy project developer has not been named, but CORE’s Chief Financial Officer, Don Sigler says the developer “has a long history in the wood products industry throughout North America .”