BANGOR DAILY NEWS • July 29, 2021
The town of Lincoln may see a refinery for a wood-based heating fuel move onto its former mill site. Biofine Developments Northeast Inc. said Thursday it had reached a tentative agreement with Lincoln and Lincoln Lakes Innovation Corporation to open a multi-phase biofuels refinery development on the property. Biofine, a Maine-based subsidiary of the Massachusetts company Biofine Technology, uses a technology that uses waste wood products to produce ethyl levulinate, which it says is a carbon-neutral substitute for home heating oil. The former Lincoln Paper and Tissue Co., once one of the Lincoln Lakes region’s biggest employers, closed its mill in 2015 after declaring Chapter 11 bankruptcy. LignaTerra Global LLC, a North Carolina-based cross-laminated timber company, said in September 2019 that it planned to invest $131 million in a new factory on the property that would employ 100 people.