A Virginia biodiesel plant that says it needs a little more time to line up the finances to complete its construction has gotten help from a local city council. This story in the Virginian-Pilot says the Tidewater Biodiesel LLC plant in Deep Creek got a six-month extension on the original permission.
The council initially granted permission for the project in 2011, and the plant was to be completed in 2012. But the company said it had to put its plans on hold because of the economic climate and other complications.
A conditional-use permit allowing the project to go forward was set to expire in May.
In a letter to the city, the company said it has taken longer than expected to line up financing and acquire a 5-acre parcel on Steel Street but is close to finalizing those arrangements. It asked for a six-month extension.
By a unanimous vote, the council extended the permit by a year.
When completed, the refinery will produce 10 million gallons of biodiesel per year from waste vegetable oil.