A Denver-based company called Cool Planet Energy Systems plans three Louisiana projects that will create 72 new jobs.
Cool Planet announced the plans Friday for bio-refineries in Alexandria, Natchitoches and a site still to be determined. The company plans to use harvest wood waste and forest byproducts to make gasoline. Cool Planet also will market a byproduct from its refining process that will be used as an agricultural supplement to boost water retention and carbon released from crops.
The three Louisiana plants are expected to cost $168 million to construct and will create 72 jobs with an average salary of about $60,000 a year.