Gasoline manufacturer planning $3 billion Arizona plant

Mar 18, 2020, 4:05 AM | Updated: 10:17 am
A vehicle is refueled at a gas station in New Orleans on Monday, April 6, 2015. Drivers will see th...
A vehicle is refueled at a gas station in New Orleans on Monday, April 6, 2015. Drivers will see the lowest summer gasoline prices in about 6 years, according to an Energy Department report released Tuesday. (AP Photo/Gerald Herbert)
(AP Photo/Gerald Herbert)

PHOENIX — A gasoline manufacturer is planning to build a $3 billion plant in Casa Grande.

Nacero Inc. announced plans Tuesday to build a a plant that will produce 35,000 barrels of gasoline daily, but will have a smaller carbon footprint on the environment than traditional gas.

The Houston-based company said the gasoline the plant produces will avoid putting 5.2 million tons of carbon dioxide into the atmosphere per year.

Nacero Inc.’s infrastructure will use existing pipelines, railroads, power lines and highways, creating value with minimal disruption, the company’s website said.

The plant will open up about 2,000 construction jobs and 265 permanent jobs.

The plant’s expected construction is set to begin in 2021 with a completion target of 2025. The plant will be company’s first facility and will be built on 1,000 acres.

The announcement of the new plant is the latest development in Casa Grande and across Pinal county.

In December, Lucid Motors Inc. began hiring after announcing plans for a $700 million plant in 2016.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Jim Poulin/Phoenix Business Journal)...
Ron Davis/Phoenix Business Journal

Radix Law partner helps launch ride-share carts in Scottsdale ahead of Super Bowl LVII

In a matter of weeks, those looking for a ride will be able to call for one through a mobile app to take them through Scottsdale's entertainment district at no charge.
6 hours ago
(Facebook Photo/Phoenix Police Department)...

Shooting in central Phoenix leaves 1 dead, 2 others injured on Saturday

Phoenix police are searching for a suspect in a shooting that left one man dead and two others injured on Saturday.
1 day ago
(Photo by Wagner Meier/Getty Images)...
Wills Rice

Producer Marshmello added to second day of BetMGM West Fest

Westgate in Glendale announced a second day of BetMGM West Fest with performances from artist and producer Marshmello as well as NGHTMARE.
1 day ago
(Flickr/Martin Ely)...

Tempe asks Arizona Supreme Court to review South Pier development case

Tempe has asked the Arizona Supreme Court to review a recent appeals court decision concerning a proposed development at Tempe Town Lake.
1 day ago
A man works at an avocado orchard in Santa Ana Zirosto, Michoacan state, Mexico, Thursday, Jan. 26,...
Associated Press

Route to Super Bowl dangerous for Mexico’s avocado haulers

SANTA ANA ZIROSTO, Mexico (AP) — It is a long and sometimes dangerous journey for truckers transporting the avocados destined for guacamole on tables and tailgates in the United States during the Super Bowl. It starts in villages like Santa Ana Zirosto, high in the misty, pine-clad mountains of the western Mexico state of Michoacan. […]
1 day ago
(Facebook Photo/Phoenix Police Department)...

Drive-by shooting injures 2, strikes multiple businesses in Phoenix

A drive-by shooting in midtown Phoenix resulted in injuries to a teenage boy and a young girl Friday evening, authorities said.
1 day ago

Sponsored Articles

Fiesta Bowl Foundation

Celebrate 50 years of Vrbo Fiesta Bowl Parade magic!

Since its first production in the early 1970s, the Vrbo Fiesta Bowl Parade presented by Lerner & Rowe has been a staple of Valley traditions, bringing family fun and excitement to downtown Phoenix.
(Desert Institute for Spine Care photo)...

Why DISC is world renowned for back and neck pain treatments

Fifty percent of Americans and 90% of people at least 50 years old have some level of degenerative disc disease.
Quantum Fiber

How high-speed fiber internet can improve everyday life

Quantum Fiber supplies unlimited data with speeds up to 940 mbps, enough to share 4K videos with coworkers 20 times faster than a cable.
Gasoline manufacturer planning $3 billion Arizona plant