February 7, 2024

Today, the Strategic Biofuels team is honored to announce that Sumitomo Corporation of Americas has made a major investment commitment to our Louisiana Green Fuels Project. We have entered into a joint development agreement with the leading Fortune 500 global trading and business investment company dedicated to sustainability and they will be providing the capital needed to carry our LGF project to Financial Investment Decision and commencement of construction in early 2025. Additionally, we also announced today a decisive strategic shift related to the investment, changing our primary renewable fuel product to sustainable aviation fuel.

Read more here.