Press Releases

Elevance Renewable Sciences announces acquisition of Delta BioFuels facility in Natchez

  • Posted on:  Tuesday, 07 June 2011

Company to expand facility, create 165 full-time jobs

Gov. Haley Barbour and executives from Elevance Renewable Sciences Inc., creator of high-performance renewable specialty chemicals for use in personal care products, detergents, plastics and lubricants, announced today the company has acquired the Delta BioFuels facility in Adams County. The company intends to convert the facility to a biorefinery and derivatives operation in a multi-phase project that will involve an investment of more than $225 million and will create 165 full-time jobs over the next five years, in addition to 300 construction jobs.

“Elevance’s decision to locate here in Mississippi results in a significant investment in the area and its economy, as well as in the local workforce,” Gov. Barbour said. “Job creation and retention is vital to a healthy economy, and I thank the company for creating these new jobs for southwest Mississippi’s residents. I am delighted to welcome Elevance to Natchez and Adams County.”

Elevance plans to expand the existing 800,000-square-foot refinery, which is located in Natchez, in multiple phases over the next five years. The result will be a world-scale biorefinery and derivatives operation.

“We are pleased to be coming to southwest Mississippi to build our first North American manufacturing facility. We plan on deploying Elevance’s innovative technology here to bring competitive manufacturing and high-value jobs back to the United States,” said K’Lynne Johnson, chief executive officer of Elevance. “These operations will complement our joint venture with Wilmar International in Asia and expand our global footprint. By building biorefineries in multiple geographies, we are responding to our customers’ demands for innovative environmentally friendly products in a cost-effective and scalable way.”

The Mississippi Development Authority worked with company and local officials to help facilitate the project. Through the Mississippi Industry Incentive Financing Revolving Fund, MDA provided assistance for upgrades at the Natchez/Adams County Port, as well as a $25 million loan to the company. Additionally, the county provided assistance for upgrades to the port to support this project.

“Today marks a milestone for Natchez and Adams County, and I couldn’t be more pleased that Elevance has chosen to locate its newest operations here,” said MDA Executive Director Leland Speed. “This announcement reinforces the fact that Mississippi has a business climate in place to meet the needs of any company. I thank Elevance for its investment in Natchez, Adams County and the entire state of Mississippi, as well as for its confidence in and commitment to Mississippi’s workers.”

Event Photos on Flickr

About Elevance

Headquartered in Woodridge, Ill., Elevance Renewable Sciences, Inc. is a high-growth specialty chemical company that creates novel specialty chemicals that perform better from renewable feedstocks, making the products that industry and consumers use every day better. Using a proprietary technology called olefin metathesis, the company delivers specialty chemicals that exceed the performance of existing products while leaving a smaller environmental footprint — for use in personal care products, detergents and cleaners, engineered polymers, lubricants and additives, and other specialty chemicals markets. To learn more, visit www.elevance.com or www.renewicals.com.

 

Improve tomorrow, today

At Elevance, we're transforming renewable oils into innovative products that outperform petrochemicals, enabling remarkable solutions and products that are available today. Learn more about what they can do for your business.

Learn more >

Discover a better future

Learn about our Nobel Prize-winning and patent-protected technologies that enable superior performance at a lower cost while using less energy to produce than fossil-based oils.

Read more >

 
 

Want more information?   
Contact us
   Call us today 1.866.625.7103