Biofuels Project Sinks
The Red Rock Biofuels project in southern Oregon appears headed for foreclosure according to notices published in the Lake County Examiner newspaper in late December after the company failed to make principal and interest payments on some $300 million in debt. The notice set a February 4 payment deadline with a property auction scheduled for February 9. Originally scheduled for completion in 2017, the plant was going to use biomass from regional forests to produce sustainable aviation fuel (SAF) and was boosted by a $75 million Dept. of Defense grant and fuel commitments from FedEx and Southwest Airlines, plus state and local incentives and infrastructure improvements.
Cost overruns, process re-engineering, COVID-related delays and bankruptcy of a key supplier all affected the project. Construction had begun and there’s lots of equipment and machinery on site. Officials say there have been no public efforts to find a buyer to complete, repurpose or move the refinery.
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Daniels, Pannell Join Potlatch
PotlatchDeltic Corp. has announced that Ryan Daniels and Bobby Pannell have joined the Wood Products division, with Daniels serving as Director of Operations, responsible for leading the manufacturing teams at the six lumber facilities and the St. Maries plywood mill, and Pannell serving as Director of Engineering, responsible for leading the engineering, reliability, and continuous improvement team for the division…
Labor Department Slaps Sawmill Operator
U.S. Dept. of Labor obtained a federal consent order and judgment against a Northern sawmill operator following the death of a child due to an “industrial accident.” The order requires the company to place labels and signage to prevent children under age 18 from using dangerous equipment and entering the company’s sawmill and planer buildings…
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