Enerkem Corp has secured an $80m conditional loan guarantee from the US Department of Agriculture (USDA) for the construction of its waste-to-biofuels project in Pontotoc, Mississippi.
The waste-to-biofuels project which will transform Northeast Mississippi’s municipal solid waste into ethanol.
The loan guarantee is part of the USDA 9003 Biorefinery Assistance Program and follows an award of up to $50m from the US Department of Energy, announced in late 2009 for this facility.
Enerkem’s biorefinery operation in Mississippi, a 300 ton-per-day facility located on the Three Rivers landfill site, will initially produce 10 million gallons/36 million litres of ethanol annually from sorted municipal solid waste and will reduce the pressure to landfill.
Enerkem is a waste-to-biofuels company, and its proprietary clean technology converts waste, such as unrecyclable household garbage, demolition debris and residues from used utility poles, into clean transportation fuels and advanced chemicals.