biofuels

Crysalis Biosciences Inc. Invests $239.5 Million for SAF Facility in Illinois

Illinois Governor JB Pritzker, Crysalis Biosciences Inc. and the Illinois Department of Commerce and Economic Opportunity announced a Reimagining Energy and Vehicles in Illinois (REV Illinois) agreement for Crysalis' $239.5 million investment to develop a first-of-its-kind aviation sustainable fuel plant
Crysalis Biosciences Inc. Invests $239.5 Million for SAF Facility in Illinois

The investment, which creates at least 35 new jobs in Sauget, will transform the fuel and chemical industry while reducing the carbon footprint in Illinois by manufacturing SAF, an alternative jet fuel made with a smaller carbon footprint.

"There is no better state equipped for the sustainable fuel industry than Illinois," said Governor JB Pritzker. "With a $239.5m investment through REV Illinois, Crysalis Biosciences will build a groundbreaking sustainable aviation fuel plant right here in our state - advancing our mission to drive economic growth while reducing our carbon footprint. This marks a new era of clean energy production for Illinois , and we're just getting started."

"Investments like this bring us closer to a cleaner, more sustainable future for Illinois," said Lt. Governor Juliana Stratton. "Crysalis Biosciences' commitment to creating sustainable aviation fuel is an exciting step forward, and it shows how innovation can drive both economic growth and environmental progress in our state."

As a pioneering biorefiner, Crysalis works to meet the growing demand for SAF and aims to accelerate the world's transition to zero-carbon products. Crysalis chose to locate its state-of-the-art biorefinery in Sauget due to the area's numerous strategic geographic advantages.

In an effort to advance zero-carbon futures, Crysalis has restarted a shuttered 57-acre Metro East ethanol plant and plans to transform it into a plant that produces 5,000 to 10,000 barrels a day of low carbon intensity SAF and SAF feedstock, featuring a carbon intensity score 90% lower than that of traditional fossil-derived jet fuel.

The company's diligence and preparation to meet stringent environmental standards positioned them to secure one of the first environmental authorizations to commence operations under new Illinois Environmental Protection Agency standards.

With its commitment to investing $239.5 million and adding at least 35 jobs, Crysalis will receive Reimagining Energy and Vehicles (REV) incentives from DCEO - the first agreement secured for a sustainable aviation fuel manufacturing project. REV provides competitive incentives for EV, solar, renewable and energy storage manufacturers to move or expand in Illinois. A link to the executed REV agreement can be found here.

"The Metro East community will greatly benefit from Crysalis' new sustainable aviation fuel facility in Sauget," said Senator Christopher Belt (D - East St. Louis). "From creating new jobs to lowering carbon emissions, this innovative facility is just what the State is looking to invest in with its REV program."

 

"There's no time to waste when fighting climate change, and Crysalis Biosciences is helping Illinois on its journey toward a zero-carbon future," said Representative Katie Stuart (D - Collinsville). "As part of our world-class manufacturing workforce, Crysalis' sustainable aviation fuel technology will have a lasting impact."

 

Baterías con premio en la gran feria europea del almacenamiento de energía
El jurado de la feria ees (la gran feria europea de las baterías y los sistemas acumuladores de energía) ya ha seleccionado los productos y soluciones innovadoras que aspiran, como finalistas, al gran premio ees 2021. Independientemente de cuál o cuáles sean las candidaturas ganadoras, la sola inclusión en este exquisito grupo VIP constituye todo un éxito para las empresas. A continuación, los diez finalistas 2021 de los ees Award (ees es una de las cuatro ferias que integran el gran evento anual europeo del sector de la energía, The smarter E).