Published by Todd Bush on November 6, 2024
ST. PAUL, Minn., Nov. 04, 2024 (GLOBE NEWSWIRE) -- DG Fuels announced the selection of a site for a roughly $5 billion manufacturing facility and hundreds of good jobs in Moorhead, Minnesota, that will produce 193 million gallons per year of low-carbon aviation fuel (SAF) using agricultural and wood waste as feedstock.
This news is a notable milestone for the MN SAF Hub and is the most significant commitment towards commercial scale SAF production in the state.
The announcement also reflects Minnesota's compelling value proposition to SAF producers, which includes abundant and diverse feedstocks, clean electricity, mature rail networks, and strong state support.
The 193 million gallons projected by DG Fuels would represent nearly half of the fuel used at the MSP International Airport.
'This exciting announcement demonstrates how building a new SAF economy in Minnesota will create opportunities that stretch from the tarmac of MSP International Airport to every corner of the state,' said Peter Frosch, president and CEO of the GREATER MSP Partnership.
>> Related: Johnson Matthey selected for largest Fischer Tropsch SAF project
The MN SAF Hub looks forward to working with DG Fuels and the city of Moorhead to address the next set of requirements to advance this project, including aggregating feedstocks.
'Moorhead is a welcoming community – and is growing in population and national influence. With the largest shovel-ready industrial site in the state of Minnesota, we are excited and prepared to compete on the national stage for this economic development opportunity,' said Mayor Shelly Carlson.
The hub is actively pursuing opportunities to bring to Minnesota producers of all sizes, using multiple technology pathways and feedstocks, and with production starts prior to 2030, to be part of this growing SAF industry, as the current demand for SAF at MSP Airport outstrips supply.
The DG Fuels announcement advances key aims of the Minnesota SAF Hub:
The Minnesota SAF Hub is a coalition anchored by Bank of America, Delta Air Lines, Ecolab, and Xcel Energy. These anchor companies are joined by other leading organizations, such as the State of Minnesota, the Metropolitan Airports Commission (which owns and operates MSP Airport), the University of Minnesota, and many others.
The Minnesota SAF Hub is led by the GREATER MSP, a partnership of more than 1,000 leaders from more than 300 leading businesses, universities, cities, counties, and philanthropic organizations working together to accelerate competitiveness and inclusive economic growth of the 15-county Minneapolis–Saint Paul region while leading the nation in tackling the most difficult challenges of the new economy. Greatermsp.org.
Contact
Don Ball
GREATER MSP
612-810-3153
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