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Markets :: Alternative Fuels :: Biorefineries
Elevance Buys Mississippi Biodiesel Plant
2:53 PM MDT | June 7, 2011 | Rebecca Coons
Elevance Renewable Sciences (Bolingbrook, IL) says it has acquired the Delta BioFuels facility at Natchez, MI and will convert the biodiesel asset into a world-scale biorefinery and derivatives facility. The multi-phase project is expected to cost more than $225 million over the next five years. It will be the first North American biorefinery for Elevance, a Cargill spin-out with technology that converts triglycerides and fatty acids found in natural oils into multiple fuel and chemical streams. The platform can produce C18 diacids and esters from...
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