Enviva Inc. Announces Plan to Build a New Pellet Plant in Bond, Mississippi
Enviva to build a new wood pellet plant in Bond, Mississippi
Enviva Inc., the world’s leading producer of sustainable wood bioenergy, announced on Tuesday (4-5-22) that it will be investing approximately $250 million in Bond, Mississippi to build a new wood pellet production plant. Subject to receiving the necessary permits, construction is expected to begin in early 2023, and is expected to take approximately 18 months.
The plant is expected to have a production capacity of more than 1 million metric tons of wood pellets per year.
The new facility is major part of Enviva’s growth strategy to double its production capacity from 6.2 million metric tons annually to approximately 13 million metric tons annually over the next five years.
The new plant in Stone County joins two other Enviva facilities in Mississippi: one in Amory, which is Enviva’s first production plant in the state, and the company’s most recent manufacturing facility in Lucedale. The company also owns and operates a deep-water marine terminal at the Port of Pascagoula from which pellets are shipped to customers in Europe and Asia.
Combined, Enviva’s total investment in the Magnolia State is more than $600 million and supports over 850 direct and indirect jobs in Mississippi.
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