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ARENA Grant Approved for partnership study with Boral®

XFuelStandard Business ARENA Grant Approved for partnership study with Boral®
boral+arena+gefs+project

ARENA Grant Approved for partnership study with Boral®

We have the pleasure of announcing the successful grant approval for a set of feasibility studies with Boral®, from the Australian Renewable Energy Agency (ARENA).

 

GEFS has partnered with Boral® (Market Cap: AUS$5.4 billion+) in order to study the possibility of building a plant in Herons Creek, using their sawmill residues.

 

ARENA awarded AUS$500,000 out of the AUS$1.2m cost for the feasibility and engineering costs.

 

Should the feasibility study be a success, then it is likely that we would accomplish further ARENA funding to build a commercial plant.

 

You can read more about this announcement on the ARENA website:

Hardwood Residue Bio-Refinery Feasibility Study