GULFPORT — New silos going up at the Chemours’ operation at the state Port of Gulfport will streamline the ore handling process and double the port’s existing storage capacity.
Chemours, formerly known as DuPont, will store ilmenite ore and other raw materials in the silos. At its DeLisle plant, Chemours produces titanium dioxide pigment, used as a whitening agent in paints, paper and plastics.
Continental Construction Co. Inc. of Memphis has 500 construction workers on the job through the end of July.
Yates Anderson Joint Venture is overseeing the project.
The Sun Herald reports Continental is building a total of 15 silos for Chemours. The 12 currently being built will each be 150 feet tall. Work should begin Monday on three larger silos that will be 170 feet each in height.
The seven-acre port facility sits at the Mississippi Sound end of the West Pier.
The state port is financing the $85 million project, with Chemours set to repay $62 million of the total over 10 years.
Under the terms of a 30-year lease, which includes extension options, Chemours will pay a minimum of $1.6 million a year in lease and wharf fees once construction is finished in 2016.
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