– ‘A’ Rating to Support Biomass-Based Clean Energy Development –
The Richland Parish Chamber of Commerce and Ecostrat are pleased to announce the issue of a new Bioeconomy Development Opportunity (BDO) Zone designation for woody biomass. The BDO Zone encompasses a 75-mile drive distance from the center point in Rayville, LA, and is the first BDO Zone ‘A’ rating in Louisiana for Pulpwood, Forest Residues and Sawmill Residuals.
The Richland Parish BDO Zone has earned a ‘high quality’ investment-grade ‘A’ rating, which speaks to the robust forest products industry, reliable biomass supply, and well-established supply chains. The region’s industrial and transportation infrastructure, pro-business community, and cost-effective operations enhance its appeal. Richland Parish is home to many Louisiana Economic Development Certified Industrial Sites that provide convenient access to rail, water, power, and natural gas, located near Interstate 20 and US Highway 183, offering a stable base for large-scale bioeconomy projects.
“This is a novel achievement not only for the Fifth District but for the entire state,” added Congresswoman Julia Letlow. “Bringing a BDO Zone to Richland Parish will create widespread opportunity – from job creation and economic stimulation, to new energy projects. I am excited to see the benefits for decades to come.”
Scott Franklin, Director and Former Chairman of the Richland Chamber stated, “This is well over a year of hard work coming to fruition for our Parish. Richland Parish is the first BDO Zone in the state of Louisiana, which is quite an accomplishment for a volunteer service organization. Our former Chairman Lee Thomason and myself started this project with a three-day deadline and no playbook as to how to make this happen. The Richland Chamber has yet again shown its resilience and limitless potential.”
Jordan Solomon, Chairman of the BDO Zone Initiative stated, “677,000 dry tonnes of biomass can support a variety of bio-based project development or at least one major biorefinery. The Richland Parish BDO Zone presents a significant opportunity for project developers seeking a reliable and substantial supply of verified low-risk feedstock, coupled with the robust infrastructure capacity.”
To see the full BDO Zone Rating for Richland Parish, Louisiana please click here, or visit www.bdozone.org.
