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Dynamic Fuels to start construction

Tyson Foods Inc. and Syntroleum Inc. gave the final go-ahead for the proposed 75 MMgy renewable diesel plant to be built by their joint venture Dynamic Fuels LLC in Geismar, La. Funding for the $138 million project includes $100 million in Gulf Opportunity Zone Bonds approved in June by the Louisiana State Bond Commission, along with equal equity contributions from each of the partners. Brownfield construction is expected to begin in October with production scheduled to being in 2010.