Alexandria Port Improvements For Cool Planet Underway
ALEXANDRIA, LA (AP) — Construction is underway on infrastructure improvements at the Alexandria Port to accommodate incoming tenant Cool Planet Energy Systems.
Tudor Inc. started work last week on the improvements, which include an operations center and other related infrastructure enhancements. The project is expected to cost $6.4 million and take a year to complete.
The Town Talk reports the plant, which is expected to employ 24 people, is Cool Planet's first commercial facility. It will convert wood biomass into ready to use transportation fuel. The process also produces CoolTerra — a biochar-based agricultural product designed to increase crop productivity while reducing fertilizer and water requirements.
Funding for the port improvements was provided in partnership with the Red River Waterway Commission and the Louisiana Department of Transportation and Development.
"These project and the related construction infuse jobs and growth into our local economy and fuel not only success for the port, but our entire community," said port Executive Director Blake Cooper.
"We are excited to see this first and large step relative to this project and look forward to many more milestones as Cool Planet moves forward with the facility," said Bryon Salazar, president of the port's Board of Commissioners.