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Clinton council approves agreement with Hobo Renewable Diesel for $1.4B plant; company, city outline jobs and infrastructure
Summary
The Clinton City Council voted to approve a purchase, sale and development agreement with Hobo Renewable Diesel LLC on March 25, 2025, clearing the way for the company to proceed with plans for a renewable diesel plant in the city.
The Clinton City Council voted to approve a purchase, sale and development agreement with Hobo Renewable Diesel LLC on March 25, 2025, clearing the way for the company to proceed with plans for a renewable diesel plant in the city.
City and company representatives told the council the project is a major industrial development with roughly $1,400,000,000 in capital expenditures, a three‑year construction timeline and a two‑decade operating commitment from the developer. "It's a roughly capex‑wise. It's about a $1,400,000,000 project," said Mike Kois, a Hobo Renewable Diesel representative who participated online.
The project team said…
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