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Barbour announces new industry, jobs
By JARED LOVETT
More than 300 construction jobs and 165 permanent jobs will created in Natchez during the months ahead, according to Mississippi Gov. Haley Barbour.
Barbour announced in Natchez on Tuesday that Elevance Renewable Sciences will expand an 800,000-square-foot refinery formerly owned by Delta Bio Fuels into a "world-scale biorefinery" in multiple phases in over the next five years. Construction is set to begin by the end of the year.
A crowd of more than 100 braved the heat and gathered Tuesday afternoon at the old toll booth in Natchez to hear the governor and others discuss the economic future of the city.
It is expected the state of Mississippi will make a $25 million investment. In return, Elevance will invest more $225 million during the course of the project.
Using Nobel Prize winning technology called olefin metathesis, Elevance creates ingredients used in personal care products, detergents, lubricants, fuels and other items using renewable sources. Vice President of Manufacturing for Elevance, John Harvey, said the technology Elevance uses can produce a wide range of products while emitting a smaller carbon footprint and is a step forward for "green" chemistry.
According to a press release from the company, the products produced outperform traditional petrochemicals.
K'Lynne Johnson, chief executive officer of Elevance, thanked the "gracious and historic community of Natchez" and was presented the key to the city by mayor Jake Middleton. Johnson highlighted how the refinery, a joint venture with Wilmar International in Asia, would bridge the renewable and petrochemical industries and bring jobs back to the United States.For the full story, subscribe to the The Concordia Sentinel's NEW E-Edition! |
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