NEW YORK, Nov. 17, 2016 /PRNewswire/ -- Concurrent with President-elect Donald Trump's meeting with Japan's Prime Minister Shinzo Abe, NextCoal International, Inc. ("NCI") said it intends to build a job-creating Rural Economic Development Renewable Fuels Center ("REDRFC") in northern New York State with the involvement of Japanese strategic and institutional investors. The project aims to manufacture bio-coal for export to Japanese power plants and bio-oil for domestic industrial applications. Bio-coal is a drop-in fossil coal substitute for co-firing in coal power plants or fueling biopower plants. Bio-oil is a petroleum substitute that can be co-processed in petroleum refineries or combusted to heat buildings or to generate electricity. Bio-oil is produced by a process called pyrolysis; bio-coal, by a mild form of pyrolysis called torrefaction. NCI's selected bio-coal and bio-oil technologies are commercially proven and guaranteed by large engineering, procurement and construction companies. The feedstock for producing both bio-coal and bio-oil is sustainable woody biomass derived from responsible forestry operations. NCI's REDRFC, to be built on a rail-served site in rural Washington County, about 250 miles north of New York City, is expected to create 30 REDRFC jobs and to create and support approximately 300 additional jobs in forestry, engineering, construction, transportation and other fields. NCI intends to develop REFDRFCs in several Atlantic and Pacific coastal states in areas like Washington County that boast abundant supplies of sustainable woody biomass.