World Energy Plans Production Plant in Estill, South Carolina
With more than 20 years of expertise in biodiesel production, the company currently produces approximately 200 million gallons of biodiesel annually. World Energy's new operations will be located at 552 Third Street West in Estill at a former biodiesel production facility.
The company will be upgrading and reviving the idled plant to produce state-of-the-art biodiesel, which reduces carbon dioxide emissions by more than 78 percent compared to petroleum diesel.
As an incentive, The Coordinating Council for Economic Development has approved job development credits related to this project.
“As South Carolina’s and Hampton County’s newest corporate citizen, we are thrilled to be coming to a community that means business. Our mission is to deliver the cleaner, low-carbon fuels the world needs, from communities where we can be of service. Estill is a great place for us to invest, and we are looking forward to getting to work in this great community,” World Energy LLC CEO Gene Gebolys said.
“Today, we’re proud to celebrate the continued growth of South Carolina’s biodiesel industry with this announcement from World Energy. The 30 jobs created in Hampton County will make a big difference in the local community, and we’re excited to see what the future holds for this innovative company,” said Governor Henry McMaster.
“We are excited to see a company make a fresh start and place its trust in the capable hands of Team South Carolina. World Energy is a prime example of the strong entrepreneurial spirit we encourage in the Palmetto State, and I look forward to seeing them grow and succeed here,” Secretary of Commerce Bobby Hitt said.
“We are thrilled to see an existing facility being put back into regulation. The town looks to help in any way to make this business thrive. Infrastructure is extremely important in our community, and we look forward to the growth and employment provided by World Energy's success,” Mayor of Estill Corrin Bowers noted.
“The Hampton Economic Development Commission is pleased to work with World Energy to bring new life to the facility in Estill, where the company will produce a state-of-the-art alternative energy product,” said Hampton County Economic Development Commission Chairman Bill Hager.
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