According to the Associated Press, Waste Management
Inc. is investing in a waste-to-fuel conversion technology that makes
high-octane fuel from grass clippings, discarded food and other organic waste.
The nation''s largest trash hauler has joined refiner Valero Energy Corp., which
invested in Terrabon LLC in April. Valero, the No. 1 independent refiner in the
U.S., has since increased its investment in Terrabon. All three companies are
based in Houston. Waste Management will help Terrabon secure organic waste
streams that Terrabon will use to produce high-octane gasoline from a
technology that converts biomass into organic salts. The salts, or bio-crude,
would be shipped to a Valero refinery or other processing center where it would
be converted to high-octane gasoline that can be blended into a refiner''s fuel.
Terrabon said it recently completed the production of gasoline from sorghum
biomass. The investments by Waste Management and Valero will help Terrabon
build a commercial-scale facility in Port Arthur, Texas. The plant could
produce up to 1.3 million gallons of gasoline per year. Financial terms were