Mainstream Pine Products Building Crude Tall Oil Biorefinery
Mainstream Pine Products, LLC, founded by a group of investors dedicated to using specialty chemicals from pine trees in a variety of downstream products for complex industries, has announced plans for an estimated $90 million crude tall oil (CTO) biorefinery at the Charleston International Manufacturing Center (CIMC) in Berkeley County, South Carolina. The biorefinery will be a highly advanced recycling facility with capacity to process 110,000 tons of CTO for use in a wide range of industrial applications. It is set to open in 2023, with a ground breaking and construction starting later this year.
CTO is a renewable, non-food resource and a byproduct of pine trees used in paper manufacturing. It is a vital component of many chemicals including renewable diesel processing products, lubricants, adhesives, inks, paints, coatings and tire and rubber additives.
“We conducted deep-dive market studies and reviewed pine chemical industry cycles,” remarks Rob Helwick, president and CEO of Mainstream Pine Products. “The increasing demand for renewable, non-food source materials led us to a nationwide search for the best location in which to expand our operations.”
With access to interstate highways, deep water shipping and rail facilities, Mainstream’s 10-acre facility will feature industry leading Nexpinus technology provided by Neste Engineering Solutions Oy. The associated projected management and engineering will be provided by PegasusTSI, Inc. and supported by Neste Engineering Solutions.
Mainstream has also established a long-term raw material supply chain and has engaged Citigroup Global Markets Inc. to serve as the underwriter for its tax-exempt project financing.
“It is important for us to develop our line of renewable products in a plant that meets the most rigorous environmental standards,” explains Helwick. “All things being equal, we believe the general population prefers renewable products, and biorefinery acknowledges the world’s increasing demand for more sustainable goods.”
Mainstream will be located in the 1,750-acre advanced manufacturing park at Charleston Industrial Manufacturing Center (CIMC) owned and operated by Cooper River Partners CRP. The Center offers rail and deep-water access via barge.
Latest news
Weyerhaeuser Completes Carbon Credit Sale
Weyerhaeuser announced an agreement for the sale of nearly 32,000 forest carbon credits at $29 per credit. This agreement marks Weyerhaeuser’s first transaction in the voluntary carbon market and represents the sale of all credits issued by American Carbon Registry for the first year of the company’s Kibby Skinner Improved Forest Management (IFM) project in Maine…
Bandit Names Craig Davis CEO/President
Craig Davis is the new CEO and President of Bandit Industries, as announced by former CEO Jerry Morey. Davis joined Bandit in 2018 as sales director and has also been a part of the Bandit management board, overseeing marketing and parts management…
Late 2022 Purchases Put Enviva In A Bind
“Our future profitability and liquidity are expected to be negatively impacted by the following matters which have resulted in substantial doubt about the company’s ability to continue as a growing concern,” states Enviva in its 10-Q filing with the Securities and Exchange Commission upon releasing its third quarter earnings report, which noted that Enviva incurred net losses of $258 million for the nine…
Find Us On Social
Subscribe to Our Newsletter
Wood Bioenergy News Online hits the inboxes of subscribers in the wood-to-energy sectors.
Subscribe/Renew
Wood Bioenergy is published and delivered worldwide 6 times per year. Free to qualified readers in the U.S. Subscribers outside the U.S. are asked to pay a small fee.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.