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NextCoal International (NCI) announces plans for a bio-coal and bio-oil plant in New York State

NextCoal International (NCI) announces intention to build a bio-coal and bio-oil plant using forest residue as feedstock in New York State. Plan to export bio-coal to Japan and use bio-oil domestically.

During National Forest Products Week the USDA announced a new grant to expand wood products and wood energy markets.
NextCoal International said that it intends to build plants to convert woody biomass into bio-coal and bio-oil.

Concurrent with President-elect Donald Trump’s meeting with Japan’s Prime Minister Shinzo Abe, NextCoal International, Inc. (NCI), an emerging developer of clean energy projects and technology provider said that it intends to build a job-creating Rural Economic Development Renewable Fuels Centre (“REDRFC”) in northern New York State with the involvement of Japanese strategic and institutional investors. The project aims to manufacture bio-coal for export to Japanese power plants and bio-oil for domestic industrial applications.

According to a statement, NCI’s selected bio-coal and bio-oil technologies are “commercially proven” and guaranteed by large undisclosed engineering, procurement and construction companies. NCI’s focus as a technology provider is on commercialising a patented technology developed in Japan for treatment of hazardous wastes, including toxic heavy metals found in coal ash.

NCI’s REDRFC, is planned to be built on a rail-served site in rural Washington County, about 250 miles (≈ 400 km) north of New York City. The feedstock for producing both bio-coal and bio-oil is sustainable woody biomass derived from “responsible” forestry operations. The REDRFC is expected to create 30 jobs and create and support approximately 300 additional jobs in forestry, engineering, construction, transportation and other fields.

NCI intends to develop REFDRFCs in several Atlantic and Pacific coastal states in areas like Washington County that boast abundant supplies of sustainable woody biomass.

– NCI’s plan to manufacture bio-coal in rural America highlights the global economy’s true value-creating potential, said Jonathan Braun, NCI Chairman in the statement.

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