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Summit Agricultural Group, an Iowa-based agribusiness firm and renewable energy developer, plans to build a large-scale aviation jet-fuel-from-ethanol production plant on the Gulf Coast that will license newly created Honeywell technology and is boosted by new federal tax incentives.
The company said on May 15 it created Summit Next Gen, a sustainable aviation fuel group to develop the first plant, “expected to be the world’s largest” at 250 million gallons per year of production, company spokesman Izak Christensen told ENR.