Red Rock Biofuels LLC will refine waste biomass residues into high value, lower carbon renewable jet, diesel and naphtha fuels. Utilizing forest residues as a feedstock will help improve ecosystem health and reduce the risk of destructive wildfires in our forests, and renewable fuels will help our customers address their price volatility, energy security and climate change challenges. Using a well-proven process technology platform, based on gasification, Fischer-Tropsch conversion and product upgrading, Red Rock Biofuels is the only company able to produce renewable, ASTM-specification jet and diesel fuels at cost parity with conventional fuels.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
03/17/15 | undisclosed |
Flagship Ventures | undisclosed |