Enviva Plans Bond, Mississippi, Wood Biomass Plant
The company plans to start construction in 2023 and expects to begin operations there by 2024.
“Our new plant in Bond is an integral part of Enviva’s growth strategy, which includes doubling production capacity over the next five years as we work to meet the growing global demand for our renewable products that help our customers around the world facilitate the energy transition and displace fossil fuel inputs to decarbonize difficult to abate industries,” Enviva Chairman and CEO John Keppler said. “The need for what we produce has never been greater, and I want to thank Governor Reeves, his team and the Stone County community for being such great partners during site selection, enabling the great state of Mississippi to continue to lead the world in solving difficult problems like climate change and energy security.”
The Mississippi Development Authority (MDA) is providing the company $4 million in grants for site development and infrastructure.
“Enviva’s decision to invest a quarter of a billion dollars and create 100 new jobs in Mississippi is another tremendous win for our state’s economy. It’s further proof that Mississippi is a prime location for manufacturing. I’m incredibly proud that these wood pellets, produced right here by hardworking and skilled Mississippians, will be distributed and used around the globe,” said Governor Tate Reeves.
Enviva is a leading global energy company specializing in sustainable wood bioenergy. The company is the world’s largest producer of wood pellets, which provide a low-carbon alternative to fossil fuels.
“As a strong agriculture state, MDA works hard to showcase our abundance of resources to companies around the globe. Enviva helps Mississippi demonstrate that we are an ideal location for these types of operations. This project will benefit the surrounding communities and the entire state for generations to come,” MDA Interim Executive Director Laura Hipp said.
In addition to the new Bond operations, Enviva has manufacturing operations in Amory and Lucedale, as well as a deepwater marine terminal at the Port of Pascagoula, which serves as a shipment point for pellets produced in the Gulf Region. From the marine terminal, the company ships wood pellets to customers across Europe and Asia.
“Today’s announcement is a significant achievement for Stone County. The promise of growing the economy and building a better future for all our citizens is at the heart of every decision made by local elected officials,” Stone County Economic Development Director Betsy M. Rowell added.
The Evolution of the Megasite
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Rail Gains Advantage Amidst Supply Chain Snarls
The 2021 Top States for Doing Business Reflect Their Locational Advantages
Innovative and Collaborative Design Sets the Stage for Life Science Innovation
2021 Gold & Silver Shovel Awards Recognize State and Local Economic Development Efforts
Trends in Data Center Site Selection