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SG Preston to Build $400 Million Renewable Diesel Plant in Ohio

Aug. 1 (Bloomberg) -- SG Preston, a Philadelphia-based biofuel company, is planning a $400 million renewable diesel plant in Ohio.

The South Point facility in Lawrence County is expected to be completed in 2017 and will have capacity of 120 million gallons (454 million liters), SG Preston said today in a statement.

Details of the project financing were not disclosed.

To contact the reporter on this story: Justin Doom in New York at jdoom1@bloomberg.net

To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net Will Wade, Robin Saponar

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