Council reassigns tax credit for biofuel plant
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GONZALES — The Ascension Parish Council agreed to reassign the construction project for which a $138 million biofuels plant may claim a local sales tax abatement worth up to $600,000, officials said Friday.
The move shifts the abatement of the parish’s 1-cent sales tax from a proposed rail spur to a wastewater treatment plant associated with the Dynamic Fuels LLC facility, said Mike Eades, president and chief executive officer of the Ascension Economic Development Corp.
Dynamic Fuels is a joint venture of Tyson Foods Inc. and Syntroleum Corp.
The Dynamic Fuels plant, which will turn animal fats and greases into diesel and jet fuels, has been under construction since late last year.
Gary Mickelson, spokesman for Tyson Foods, the Springdale, Ark.,-based processor of chicken and other meat products, said in an e-mail Friday that changes in the plant design made the proposed rail spur unnecessary.
Company officials learned they could use the abatement, which rebates sales and use taxes on construction materials and equipment and machinery, for a wastewater treatment plant.
Mickelson said the treatment plant would use evaporation and condensing technology to treat wastewater produced during the fuel production process.
He said the company is seeking a state wastewater discharge permit.
The Dynamic Fuels plant, which is expected to begin production in early 2010, will be able to produce 75 million gallons of fuel per year and employ 45 people, plus 20 full-time equivalent maintenance contractors, Mickelson said.
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