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Gladstone lands AU$500 million biofuels project

Gladstone lands AU$500 million biofuels project
QLD Deputy Premier, Minister for State Development, Infrastructure, Local Government and Planning, and Minister Assisting the Premier on Olympics Infrastructure Dr Steven Miles (centre) made the announcement on April 13, 2022, together with Mike Everton (left) CEO, Oceania Biofuels, and Minister for Regional Development and Manufacturing, Minister for Water, and Member for Gladstone Glenn Butcher (photo courtesy QLD Government).

Gladstone in Queensland (QLD), Australia has been selected as the location for a new AU$500 million renewable diesel and sustainable aviation fuel (SAF) biorefinery project.

Acting QLD Premier Dr Steven Miles said that Oceania Biofuels Pty Ltd, a firm based in Victoria (VIC), selected a site within the Yarwun Industrial Precinct in the Gladstone State Development Area for its planned biorefinery, which is now under contract with Economic Development Queensland.

Oceania Biofuels was attracted to Queensland because of our commitment to developing a biofuels industry in this state. , said Deputy Premier Miles.

First commercial SAF in Australia

According to Deputy Premier Miles, the proposed AU$500 million project will be Australia’s first commercial sustainable aviation fuel (SAF) biorefinery, creating around 60 direct jobs and indirectly supporting an estimated 500 regional jobs during construction and operation, providing a great economic boost for the local community.

This project, in addition to Northern Oil’s Advanced Biofuel Pilot Plant, is growing this emerging industry in Gladstone and strengthens our work towards creating a sustainable, export-orientated industrial biotechnology sector for Queensland, fueling our economic future and contributing to our decarbonization targets.

Queensland has a great opportunity to gain a strong international reputation as the location for biofuels production in the western pacific region and this new plant will signal to the world we are ready, Deputy Minister Miles said.

Minister for Regional Development and Manufacturing, Minister for Water, and Member for Gladstone Glenn Butcher said Gladstone was the ideal location for the refinery.

Internationally, fuel security is a major issue, so this biorefinery will help improve Australia’s sovereign capability to produce and distribute finished fuels. It also adds diversity to the mix of new industries investing in Gladstone, such as Alpha HPA’s high purity alumina industrial plant, Acciona’s Aldoga Solar Farm, Stanwell Corporation’s renewable hydrogen facility, and Fortescue Future Industries’ hydrogen equipment manufacturing hub, Minister Butcher said.

The Queensland Government’s Biofutures 10-Year Roadmap and Action Plan outline a vision for an AU$1 billion sustainable industrial biotechnology and bioproducts sector in Queensland, as part of Queensland’s economic recovery plan.

Commitments like this help to propel Central Queensland towards becoming hub for new industry, creating long-term jobs in the region, as part of Queensland’s plan for economic recovery, Minister Butcher said.

Mike Everton, CEO of Oceania Biofuels, said it is exciting to have the project progress to the milestone of securing a site.

We are thrilled to be bringing this world-class project to Queensland. These greener alternative fuels will help reduce emissions from our planes and heavy vehicles while creating a bridge to a more sustainable future. Gladstone is the ideal location for us as it has a highly skilled workforce and access to a deep-water port, furthering our export potential, Mike Everton said.

Construction of the plant is due to commence on site in Gladstone in 2023.

The purpose-built plant will use locally sourced waste and sustainable feedstock such as tallow, canola, and used cooking oil to produce more than 350 million litres of sustainable aviation fuel and renewable diesel per year ended Mike Everston.

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