U.S. Secretary of Agriculture Tom Vilsack is scheduled to pay a visit to a Florida advanced biofuel plant on Thursday afternoon.
Vilsack will tour the INEOS New Planet BioEnergy facility in Vero Beach. The company received a $75 million USDA loan guarantee earlier this year to help build and operate a biorefinery capable of producing eight million gallons per year of cellulosic ethanol and six megawatts of electricity from waste. The plant broke ground in February and is expected to be complete by spring of 2012.
At INEOS, Vilsack will announce a series of joint USDA and Department of Energy grants to spur research into improving the efficiency and cost-effectiveness of growing biofuel and bioenergy crops.