CDI Corp. announced today that CDI-Process & Industrial, part of the CDI Engineering Solutions division, has been awarded a contract from Dynamic Fuels, LLC to provide Front-End Engineering and Design for a new $150 million renewable synthetic fuels plant in Geismar, Louisiana. The new facility will produce renewable diesel or jet fuel with a capacity of 75 million gallons per year.
Dynamic Fuels, LLC is a 50:50 venture between Syntroleum Corporation (Nasdaq: SYNM) and Tyson Foods, Inc. (NYSE: TSN) to design, construct and operate facilities that convert animal fats, vegetable oils and used greases supplied by Tyson Foods, Inc. to produce ultra clean renewable synthetic fuels using Syntroleum's Bio-Synfining(TM) technology.
"We are pleased to have CDI's design expertise and local knowledge applied to this first Dynamic Fuels project," said Jeff Bigger, Director of Dynamic Fuels. "With the awarding of this engineering contract to CDI, the first Dynamic Fuels plant remains on schedule to begin production in early 2010. This is an important milestone for our project, which will create a new source of domestically produced energy."
Robert Giorgio, President of CDI Engineering Solutions, said, "Our extensive experience in traditional refining plant processes played an important role in the awarding of this project. We look forward to contributing our proven design skills to the emerging industry of bio-fuels production."