County looking to buy land from alternative fuel company
Published: April 24,2013
NATCHEZ — Adams County officials are continuing talks on buying the former International Paper site from Rentech.
The Natchez Democrat reports supervisors met Monday and board attorney Scott Slover said no decision has been made.
The IP mill was once home to the area’s biggest employer but was shuttered in 2003.
Rentech purchased the property in 2008 with plans to build a coal-to-liquids fuel plant on the site. Rentech announced late last year that it had scrapped its plans and put the site up for sale in mid-March.
The site’s deed was transferred to a Rentech subsidiary, Gulf Coast Synthetic Energy, LLC. The listed price is $8.5 million.
The site includes what remains of the IP pulp mill and includes rail access and valuable Mississippi River access. Most valuable to the county is the site’s massive wastewater treatment plant.
Natchez Water Works superintendent David Gardner recently estimated the former IP plant’s capacity is about 40 million gallons per day.
Local economic developers have said the city’s existing wastewater treatment plant does not have enough capacity to handle much more heavy industrial waste water.
“We look at that sewage treatment need as a problem, or part of the puzzle, we have to resolve for the future of our industrial expansion,” Slover said.
Supervisor Mike Lazarus said if the county ends up consummating the land deal, he hopes the county can sell all or part of it to taxpaying businesses quickly.
“We’re still negotiating with Rentech,” Lazarus said, adding the county has already been approached by businesses that may want to purchase portions of the site.
“We have several suitors interested in pieces of the property once we get it,” he said.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- NEW IN MADISON COUNTY — Mississippi Bio-Medical Business Collaboratory to be introduced Friday
- Mississippi Film Studios signs contract with New Orleans company
- GreenTech holds grand opening of neighborhood electric vehicle plant
- MDOT cutting more than 40 jobs in Right-of-Way Division
- Turner Grain’s transition will help consolidate lawsuits alleging breach of contract
- Granddaughter of Barq's Root Beer founder dies at 90
- Mars Food expanding Delta plant; investing $31M and adding jobs
- Board authorizes sale of company that owns Silver Slipper Casino
- JRA plans image makeover, hires crisis manager