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Company pitches used‑motor‑oil refinery for Pueblo West, seeks 60‑acre land donation and 10% revenue share
Summary
American Energy US told the Pueblo West Metropolitan District board it plans a 2,000‑barrel‑per‑day plant to process used motor oil into marine‑grade and base oils, asking the district to donate roughly 60 acres and support an industrial revenue bond in exchange for a 10% share of net operating income.
Trent Thirium, a representative of American Energy US, told the Pueblo West Metropolitan District board on Jan. 12 that his company is proposing a 2,000 barrels‑per‑day used‑motor‑oil processing facility on roughly 60 acres on North States Avenue. "We are asking for the 60 plus lit acres in the North States Avenue area to be donated to American Energy US," Thirium said, and added the company would return 10% of its net operating income to Pueblo West and the county, distributed over an anticipated 10‑year bond term.
The company said the plant would convert used motor oil into higher‑value products such as marine‑grade oil and base oils. Thirium described environmental goals as part of the pitch, saying the project would improve local used‑oil collection rates to reduce improper disposal that can…
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