News

Celadon invests $155M in recycled brown pulp facility

Celadon invests 5M in recycled brown pulp facility
<![CDATA[

Georgia Gov. Brian P. Kemp has announced that Celadon Development Corp. plans to invest more than $155 million to open its North American headquarters and a state-of-the-art recycling and advanced manufacturing facility in Savannah, Georgia. The facility will produce recycled fiber pulp. Celadon is a joint venture partnership of Kamine Development Corp. and Nicollet Industries. The company was formed to deploy large-scale recycled brown pulp infrastructure across North America.

According to a news release from Gov. Kemp’s website, this investment represents the first phase of Celadon’s investment in the state. In addition to establishing a North American headquarters and a recycled brown pulp manufacturing facility, Celadon will open a second production line of its recycling and manufacturing operations during the second phase of its expansion in Georgia.

Celadon Development Corp.’s Savannah plant will produce 450,000 tons per year of recycled fiber pulp during phase one, and it will produce 900,000 tons per year of recycled fiber pulp after phase two is completed. Upon completion of the second phase, the company expects to export about 87,000 20-foot equivalent units of finished product through the Port of Savannah annually.

This month, the company already has opened a 65,000-square-foot dry processing plant for clean old corrugated containers and plans to establish a logistics operation in Savannah to facilitate its logistics needs, the news release from the governor’s office states.

“The state of Georgia, the Georgia Ports Authority and the Savannah Economic Development Authority have made our project possible,” says Tim Zosel, CEO of Celadon Development Corp. “The teams are incredibly proactive, and we could not have developed this project without their support.”

Celadon also made news earlier in 2021 when the Port Tampa Bay Board of Commissioners in Florida announced Celadon’s plans to lease 37 acres of land from in Tampa, Florida, to construct a paper and cardboard recycling plant.

Kamine Development Corp. did not provide Recycling Today with details on the timeline for the Port of Savannah project.

]]>
Source: Recycling Today
Celadon invests 5M in recycled brown pulp facility
<![CDATA[Georgia Gov. Brian P. Kemp has announced that Celadon Development Corp. plans to invest more than $155 million to open its North American headquarters and a state-of-the-art recycling and advanced manufacturing facility in Savannah, Georgia. The facility will produce recycled fiber pulp. Celadon is a joint venture partnership of Kamine Development Corp. and Nicollet Industries. The company was formed to deploy large-scale recycled brown pulp infrastructure across North America. According to a news release from Gov. Kemp’s website, this investment represents the first phase of Celadon’s investment in the state. In addition to establishing a North American headquarters and a recycled brown pulp manufacturing facility, Celadon will open a second production line of its recycling and manufacturing operations during the second phase of its expansion in Georgia. Celadon Development Corp.’s Savannah plant will produce 450,000 tons per year of recycled fiber pulp during phase one, and it will produce 900,000 tons per year of recycled fiber pulp after phase two is completed. Upon completion of the second phase, the company expects to export about 87,000 20-foot equivalent units of finished product through the Port of Savannah annually. This month, the company already has opened a 65,000-square-foot dry processing plant for…

Tagged: