Texas company to build 3 biofuel plants in Miss.

Gov. Haley Barbour announced details Thursday of the project proposed by KiOR, based in Pasadena, Texas.

KiOR President and CEO Fred Cannon says his company will become first to commercially produce biofuel through the catalytic conversion technology. The plants will be in the city of Columbus and Franklin and Newton counties, areas with large timber supplies.

Barbour has called a special session Friday for lawmakers to approve incentives for the project. Those incentives include a $75 million loan.


Houston Chronicle