Elevance Buys Plant In Natchez, Miss. | June 13, 2011 Issue - Vol. 89 Issue 24 | Chemical & Engineering News
Volume 89 Issue 24 | p. 19 | Concentrates
Issue Date: June 13, 2011

Elevance Buys Plant In Natchez, Miss.

Department: Business
News Channels: Environmental SCENE
Keywords: biobased chemicals, olefin metathesis, biorefinery

Bolingbrook, Ill.-based renewable chemicals firm Elevance Renewable Sciences has purchased a biodiesel plant in Natch­ez, Miss., from Delta BioFuels and plans to convert the facility into a biorefinery and derivatives operation. Elevance will invest more than $225 million to expand the 800,000-sq-ft refinery, creating 165 full-time jobs. The Mississippi Development Authority assisted with local shipping port upgrades and a $25 million loan to the company. Elevance uses olefin metathesis to convert natural oils to specialty chemicals.

 
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