Fri Sep 19, 2014 11:54 AM CDT

STREATOR, Ill. (DTN) -- The U.S. Departments of Navy, Energy, and Agriculture announced Friday that three companies have been awarded contracts to construct and commission biorefineries capable of producing drop-in biofuels to meet the transportation needs of the military and private sector.

Made through the Department of Defense's Defense Protection Act of 1950, the awards total $210 million.

In total, these projects would produce more than 100 million gallons of military grade fuel beginning in 2016 and 2017 at a price competitive with their petroleum counterparts, DOE said Friday.

The companies receiving federal investments for the construction and commissioning of ...

Quick View
Related News Stories
Ethanol Blog
Ethanol Briefs
BIO Slams EPA on RVO Rule Delay
Ethanol Production Falls to 6-Mo. Low
Cellulosic Challenges
Tax Code Rewrite
Ethanol Blog
RFA, NBB See CARB Progress
US Ethanol Stocks at 1-1/2-Year High
Biofuel Briefs