Woodland Biofuels has announced a groundbreaking $1.35 billion investment at the Port of South Louisiana to build the world’s largest carbon-negative renewable natural gas plant and ultra-green hydrogen facility.
This project aims to utilize waste biomass to produce sustainable biofuels for transportation, heating, and electricity generation.
This initiative is set to create a significant economic impact. Phase 1 alone is expected to generate around 500 construction jobs and 110 permanent, high-paying direct jobs. Louisiana Economic Development estimates that the project will ultimately lead to 869 total jobs, with 369 being permanent positions.
The facility will be housed at the Globalplex multimodal facility at the Port of South Louisiana. This ambitious project seeks to remove hundreds of thousands of tons of carbon dioxide from the atmosphere every year. Phase 1 aims to eliminate 210,000 tonnes of CO2 annually, while Phase 2 will target approximately 660,000 tonnes. In the long run, the project could remove millions of tonnes of CO2 from the ecosystem.
The state has offered Woodland Biofuels a highly competitive incentives package worth more than $250 million, including performance-based grants and workforce development solutions through LED FastStart. The company is expected to join Louisiana’s Quality Jobs and Industrial Tax Exemption programs.
Commercial operations for the first phase of the project are expected to begin in 2028. With a substantial financial and infrastructural backing, Woodland Biofuels is optimistic about bringing this ambitious project to fruition.
