World Energy buys Natchez biodiesel plant from Elevance

September 1, 2016 |

In Massachusetts, World Energy announced that it has acquired from Elevance Natchez, Inc (ENI) that company’s 72 million gallon per year biorefinery located on the Mississippi River in Natchez, MS.

World Energy has been supplying BQ9000 certified biodiesel from the plant under a production contract with ENI since January 2013. The plant is currently fully staffed and in full operation.  Customers, employees, suppliers, and the Natchez community can expect little change in the transition to new ownership.

In June, World Energy and its joint venture partner BIOX Corp, announced the acquisition of a 90 million gallon per year production plant known as World Energy BIOX Biofuels (WEBB) located at the Kinder Morgan Liquid Fuels Terminal on the ship channel in Galena Park, TX. WEBB is now in its final stages of preparation for production startup.

Also in June, the companies announced the establishment of a 315,000 barrel multimodal biofuels distribution center known as Houston Hub which is co-located and co-operated with WEBB at Kinder Morgan’s Galena Park Terminal.  Houston Hub is fully integrated into Houston’s petroleum distribution network by truck, rail, barge, ship, and pipeline.

Elevance: The Digest’s 2015 5 Minute Guide

Print Friendly, PDF & Email

Tags: , ,

Category: Producer News

Thank you for visting the Digest.