Wyoming County, Pennsylvania Issued BDO Zone 'A' Rating for Woody Biomass
Wyoming County, Pennsylvania Issued BDO Zone 'A' Rating for Woody Biomass
– ‘A’ Rating to enhance local economy with woody biomass initiatives –
July 16, 2024 – The BDO Zone Initiative has issued a BDO Zone ‘A’ rating for Wyoming County, Pennsylvania for 662,000 bone dry tons per year of woody biomass. The Wyoming County Chamber of Commerce and Ecostrat are pleased to announce the issue of an investment grade BDO Zone ‘A’ Rating for Woody Biomass. The Wyoming County BDO Zone is the first ‘A’ rating in the Commonwealth of Pennsylvania, extending a 75-mile drive from Tunkhannock, PA.
Wyoming County’s BDO Zone ‘A’ rating denotes high prospective viability of feedstock supply chain and infrastructure, and low expectations of default risk in the Zone. The region features strong capabilities to accommodate new biobased plant operations, supported by a highly productive forest products industry, ensuring a stable feedstock supply and limited competition for pulpwood due to the absence of pulp and paper facilities in the area. The zone includes a prime M1 manufacturing site spanning 104 acres, located near companies offering complementary services essential for biofuels projects.
“The ‘A’ rating for Wyoming County highlights our community’s remarkable potential to lead the way in the bioeconomy,” stated Gina Suydam, President of the Wyoming County Chamber of Commerce. “We look forward to partnering with bioenergy, biochemical, and bioproduct companies to enhance and diversify our forestry resources, positioning Wyoming County as a leader in bio-based industrial manufacturing.”
Jordan Solomon, Chairman of the BDO Zone Initiative, added, “As Pennsylvania’s first ‘A’ rating, Wyoming County is poised to transform underutilized forest resources into a significant expansion of the value-added wood products industry. The BDO Zone is ideally positioned to support biobased companies seeking top locations for large-scale biomass projects.”
To see the full BDO Zone Rating for Wyoming County, PA, please click here, or visit www.bdozone.org.
BDO Zone Project Development Support:
About The BDO Zone Initiative
The Biofuel Development Opportunity (BDO) Zone Initiative certifies ‘regional readiness’ for bio-manufacturing, creates global connections and ignites an influx of new energy opportunities for farmers, economic developers, and rural businesses. A BDO Zone rating is an internationally recognized, standards-based technical risk assessment of a region’s feedstock, supply chain, and infrastructure risk with respect to the development potential for new biofuel plants. BDO Zone ratings are site location bullseyes for bio-project development. Investment grade ratings are force-multipliers for attracting new manufacturing plants to the areas where they are most likely to succeed, drive investment and create jobs.
For more information on the BDO Zone Initiative, contact info@bdozone.org. To view all BDO Zone ratings, visit www.bdozone.org. Check out the BDO Zone LinkedIn page for news and updates.
Ecostrat is the North American leader in biomass due diligence for biofuels, renewable chemicals, biogas, and bio-product project development and finance. Jordan Solomon is Chairman of the BDO Zone Initiative and President of Ecostrat (www.ecostrat.com). He can be reached at jordan.solomon@ecostrat.com.
Originally published at bdozone.org.