Elevance acquires Mississippi biodiesel plant for conversion to integrated biorefinery

In Mississippi, Elevance Renewable Sciences announced that the company has acquired the Delta BioFuels facility in Adams County, and will invest more than $225 million in converting the facility to an integrated biorefinery and derivatives operation. The project, which will create 165 full-time jobs over the next five years, in addition to 300 construction jobs, is located in Natchez.

“These operations will complement our joint venture with Wilmar International in Asia and expand our global footprint,” said K’Lynne Johnson, chief executive officer of Elevance. “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 Industry Incentive Financing Revolving Fund and Mississippi Development Authority provided assistance for upgrades at the Natchez/Adams County Port, as well as a $25 million loan to the company.