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Climate technology company Ather Fuels explores a potential location for a liquid fuel facility.
Aether Fuels, a climate technology company specializing in the development of sustainable fuels for the aviation and shipping industries, has announced a real estate agreement with the Smith County Economic Development District in Mississippi. The deal provides Aether with the option to acquire a 200-acre site near Taylorsville, Mississippi, as a potential location for a liquid fuel production facility. Aether's fuels will be produced using hydrogen combined with sustainable carbon sources, such as captured CO2 and biogenic waste. The aims to reduce capital equipment and input material costs.
Aether’s Co-Founder and CEO, Conor Madigan, thanked Smith County officials and other state and local leaders for focusing on sustainability. “Taylorsville has ready access to sustainable carbon, a superior infrastructure, and a skilled workforce, which are all critical success drivers for our production facility,” he said. “Obtaining the option to purchase the site is an important next step as we continue investigating the ultimate suitability of the site within our overall project pipeline. We appreciate the county and state’s support at this early stage of the process.”
“We strive to be a preferred partner in developing fully sustainable projects that benefit local communities and support our mission to decarbonize hard-to-abate industries,” said Tauna Rignall, VP of Project Development at Aether. “In Smith County we see a promising opportunity to utilize local sustainable carbon in our innovative fuel production process to eliminate waste, strengthen the local economy, and help mitigate climate change -- all at the same time.”