World Energy to invest $5.4 million in recuperating South Carolina biodiesel plant

In South Carolina, local press reports that World Energy will develop a $5.4 million biodiesel plant in Hampton County, taking over an abandoned biodiesel facility in Estill. The company plans to upgrade the existing equipment on site to bring it up to state-of-the-art production standards. The facility will be World Energy’s first investment in the state and will add to its current production capacity worldwide of more than 200 million gallons annually. Bringing the facility back online is expected to generate 30 new full-time jobs.