Home » NEWS » Energy » Alternative fuel company trying to sell real estate

Alternative fuel company trying to sell real estate

NATCHEZ — Rentech is asking $8.5 million for the 478 acres in Adams County where it once planned to build an alternative fuels plant to convert coal into liquid.

Natchez real estate broker Glenn Green, one of the three listed on the property, tells the Natchez Democrat there has been some offers on the property but declined to discuss them.

Green says the property is also listed with brokers in New Orleans and in Colorado

Natchez Inc. Executive Director Chandler Russ says three potential buyers are in play.

The former International Paper property is located near the Natchez-Adams County Port.

Rentech brought the property in 2008. Adams County brokered the deal and netted $2.9 million in the process of the land sale. The final sales price was not disclosed.

BEFORE YOU GO…

… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About Megan Wright

Leave a Reply

Your email address will not be published. Required fields are marked *

*