North Carolina welcomes Chemtex’s $200 million investment

In North Carolina, Governor Pat McCrory and North Carolina Commerce Secretary Sharon Decker announced that Chemtex will be locating its new cellulosic biofuels production operations in Sampson County. The company and its partners plan to create 65 new jobs and invest approximately $200 million over the next three years.

Chemtex will operate in North Carolina as Carolina Cellulosic Biofuels, which was established in early 2013 as a Special Purpose vehicle for delivering the first commercial  scale cellulosic bio-refinery utilizing purpose grown energy crops  in North America. This new plant will produce 20 million gallons per year of cellulosic biofuel from locally grown energy crops, agricultural residues, and woody biomass.