The plant — the first in a series of 12 similarly sized facilities HIF is planning —...
New Houston company HIF Global has selected a 540-acre site outside Bay City for its first e-fuels facility, a $6 billion plant that aims to recycle carbon dioxide into transportation fuels.similarly sized facilities HIF is planning — would produce up to 200 million gallons of the products, made by combining captured CO2 with hydrogen to create a synthetic methanol, which would be converted into gasoline and jet fuel. HIF plans to start construction next year.
from Tidehaven Independent School District, which limits its taxable assets to $30 million for the first 10 years.“Once again Texas has shown its leadership as the heart of America’s energy sector, galvanizing new energy supplies for the United States and the world,” said HIF CEO Renato Pereira, describing e-fuels as energy’s “next frontier.”
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