- The investment will create 60 new jobs with an average annual salary of $ 80,000.
- GFO will install a new NET-NULL emission technology and develop a 20,000 barrel-pro-tag refinery.
- Construction is expected to begin in November and be completed in May 2026.
Acadia Parish, La. – Green Fuels Operating PC (GFO) announced that it will invest 110 million US dollars to change the historical Evangeline processing system In Acadia Parish in a NET zero emission technology (NZET) refinery. The company is expected to create 60 direct new jobs with an average annual salary of 80,000 US dollars, which is more than 80% higher than the average community salary.
In addition to Green Fuels, which use its NZET technology in the closed Acadiana facility, which was first opened in 1957, GFO plans the development of a 20,000 barrel-pro-day refinery that is devoted to the production of diesel and bunker fuels for marine quality. The existing facility in the non -legal municipality of Evangeline is equipped with 15 warehouse tanks that have a total capacity of more than 350,000 barrels and remains in operation while the new GFO refinery is being developed.
“According to Louisianas” of all of the above “energy strategy, it is important that we keep pace with the changing needs of the industry, including reopening and reopening and reopening and re -alwohl as channel companies with technology -operated strategies,” said secretary Susan B. Bourgeois. “The innovative NZET technology of GFO does exactly that, and its decision to modernize this historical facility shows that Louisiana is positioned to gain, diversify our flourishing energy sector and to keep us in the US energy production.”
The company plans to improve the facility in order to support the production of sustainable sea fuel and to house a comprehensive waste and a salt water treatment system. Local crude oil will also be obtained to support regional manufacturers together with Rohstock, which are delivered via the pipeline and load barge.
“America's energy independence requires more than just holes – it requires that we refine our own oil here at home instead of sending it overseas to buy the finished fuel at Premium prices back,” said the CEO of GFO, Derek Williamson. “Our revolutionary NZET refinery technology solves the 150-year problem of refinery emissions and enables us to build clean refineries in the communities where oil is produced, creating local jobs and energy security.”
GFO expects the construction to be completed in Louisiana in November 2026. After completing the company, the improved facility will continue to position it as a leader in energy generation with low -carbon energy.
“We are very happy to welcome green fuels in the Acadia Parish, and we are pleased that your arrival will bring well -paid jobs for our residents,” said Beau Petitjean, President of the Acadia Police Jury. “This facility has a long history in the community of Acadia, and it is proof of the strength of our community and the potential for new development.”
“The $ 110 million investment by Green Fuels Operating is a player for Acadia Parish,” said Elizabeth I. Miller, President and CEO of Acadia Parish Chamber of Commerce & Economic Development. “This project combines innovation, sustainability and economic opportunities in a way that honors our energy and at the same time builds up a courageous path. We are proud that this type of future-oriented development development revitalizes the selection of the ACADIA community, which creates high-quality jobs, a historical asset and strengthens our position as a hub for university energy solutions.”
In order to win the project in the Acadia Parish, LED offered a competitive incentive project, including the comprehensive LED solutions for workforce development start. The company is also expected to participate in the state Industrial tax exemption And Quality jobs Programs.
“We are enthusiastic that this significant investment comes in the Acadia community and revitalizes a historical facility and at the same time brings the next generation to our region,” said an Acadiana President and CEO Troy Wayman. “The investment of GFO is a perfect example of how Acadiana's Energy Legacy and Future are deeply connected. This project strengthens our local workforce, supports regional producers and shows how innovation and heir can work together to influence the economic effects on Acadiana.”
Register Here In order to be informed about green fuels that operate employment opportunities, stop events and news updates.
About green fuels in the company
Green Fuel Operating is a company based in Oklahoma and is the world's leading in net-zero emissions fuel production. The proven, patented NZET system revolutionizes oil refinement with its odorless clean refinery technology and becomes the world's leading provider of inexpensive, environmentally friendly hydrocarbon processing solutions. GFO systems produce locally required deliveries of sustainable fuels, including diesel, jet fuel, sustainable aviation fuel (SAF), bunker for marine quality, road and roof asphalt binders, which means that they are positioned as a leading supplier in energy generation with carbohydrate-like energy.
About Led
The economic development of Louisiana is responsible for investing in capital investments, the creation of jobs and the economic possibilities for people in Louisiana and employers of all sizes. Explore how LED Louisiana positioned to win OPPORITYLOUISIANA.com.
Media contact:
Kevin Litten, LED Strategic Communications Editor
Kevin.litten2@la.gov
225,342.4321