Biodiesel firm to build $30m plant in Texas

Thomas Biodiesel is to construct a $30 million (€21.8 million) biodiesel plant in Texas, US, after a local council finalised its decision to approve $1.5 million in incentives for the company.

Temple City Council approved tax incentives for the 9 million gallon per year plant, which will be the third major energy project to land in the city in the past 15 months.

Thomas Biodiesel, which manufactures biodiesel fuel from cooking oils and other feedstocks, will build the 25,000-square-foot plant on a seven-acre site in the Temple Economic Development Corp's North Industrial Park near Austin, Texas.

Construction will begin by mid-2014 and be completed in mid-2015.