Dynamic Fuels LLC, the joint synthetic fuel venture by Tyson Foods Inc. and Syntroleum Corp., has secured preliminary approval from the Louisiana State Bond Commission of its application to issue tax-exempt Gulf Opportunity Zone Bonds to fund the building of the company's first renewable synthetic fuels facility in Geismar, La

Arkansas Business, May 26, 2008

Dynamic Fuels LLC, the joint synthetic fuel venture by Tyson Foods Inc. and Syntroleum Corp., has secured preliminary approval from the Louisiana State Bond Commission of its application to issue tax-exempt Gulf Opportunity Zone Bonds to fund the building of the company's first renewable synthetic fuels facility in Geismar, La.

The 50-50 venture seeks to convert low-grade, inedible fats and greases into renewable synthetic diesel, jet and military fuel. The estimated cost of the project is $150 million.