Panda Biotech, the Dallas-based corporation developing a high-throughput hemp fiber processing facility, has received another key extension to reach job creation goals established by the Wichita Falls, Texas City Council. The council voted unanimously to extend the incentive package to August 2026, by which time the company plans to fill 50 full-time positions.
Panda has received more than $2.6 million to purchase and outfit a former Delphi plant, including a $1-million loan that was previously extended to December 2021, and later extended to December 2023. The facility is purportedly fitted with decortication machinery and secondary processing equipment already.
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11.11.2024
Falling biodiesel margins lead to expectations for higher RINs, lower feedstock cost
Biodiesel margins continued to fall during the week ending Friday November 8, with rising feedstock cost pushing the soybean oil/heating oil (BOHO) spread to its highest level in more...
11.11.2024
DCO starts the week higher; hog slaughter increases slightly
Distillers’ corn oil (DCO) traded higher out of the FOB Midwest markets on Monday November 11 in what was otherwise a quiet market to start the week.
A...
11.11.2024
US cattle slaughter continues to fall behind 2023 levels
Trading was quiet in the US animal protein market on Monday November 11, with no price changes reported.
Cattle slaughter
Fastmarkets’ research team forecasts cattle slaughter at 625,000...