Sweetwater Power obtains $26m to money biochemical plant

Plantations International News             Cookies are required to use this site. Please turn them on! This website requires javascript to be enabled. November 10, 2015 Sweetwater Energy, a renewable biochemical company headquartered in Rochester, New York, has received commitment for $ 26 million (€24 million) in long-term loans from the US state of Minnesota to build a biochemical production plant near Mountain Iron in Minnesota's northeast. The $ 53 million facility will use local timber to produce high-value industrial alcohol and activated carbon. The facility will use Sweetwater's patented biomass processing technology, which splits Minnesota's local [...]