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Business

BP backs U.S. waste-to-fuel firm

by Melody M. Bomgardner
November 20, 2017 | APPEARED IN VOLUME 95, ISSUE 46

BP will invest $30 million in Fulcrum BioEnergy to accelerate Fulcrum’s plans to develop second and third waste-to-jet-fuel plants. Fulcrum’s first facility is under construction in Nevada; the $205 million gasification operation will take in municipal solid waste and produce 38 million L of jet fuel annually. BP has also agreed to buy 190 million L of fuel per year for 10 years. Fulcrum’s other partners are United Airlines, Cathay Pacific, and Waste Management.

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